Short-Run Producer Surplus Can Be Caluculated by Integration as (Where $\int _ { 0 } ^ { q ^ { * } } M C ( q ) d q - p$

question 2

Multiple Choice

Short-run producer surplus can be caluculated by integration as (where q* is the firm's profit maximizing output level and MC(q) is its marginal cost function)

• A) \(\int _ { 0 } ^ { q ^ { * } } M C ( q ) d q - p\) .
• B) \(\int _ { 0 } ^ { q ^ { * } } [ M C ( q ) - p q ] d q\) .
• C) \(\int _ { 0 } ^ { q ^ { * } } p q - M C ( q ) d q\) .
• D) \(\int _ { 0 } ^ { q ^ { * } } [ p - M C ( q ) ] d q\) .