A Supply Curve Can Be Used to Measure Producer Surplus

question 86

Multiple Choice

A supply curve can be used to measure producer surplus because it reflects

• A)the actions of sellers.
• B)quantity supplied.
• C)sellers' costs.
• D)the amount that will be purchased by consumers in the market.

---

Definitions:

Pectoral Girdle

The structure that attaches the arms to the axial skeleton.

Pelvic Girdle

The structure that attaches the legs to the axial skeleton.

Second Cervical Vertebra

Also known as the axis, it is a bone in the neck that allows the head to rotate.

Process

A series of actions or steps taken to achieve a particular end.