In a Figure That Shows a Supply Curve and a Demand

question 290

Multiple Choice

In a figure that shows a supply curve and a demand curve,producer surplus is the area

• A) below the demand curve and above the market price.
• B) below the supply curve and above the market price.
• C) above the demand curve and below the market price.
• D) above the supply curve and below the market price.
• E) between the demand curve and the supply curve.

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