Question: Producer surplus is the A . the difference between the maximum price consumers are willing and able to pay and the price actually paid to
Producer surplus is the
A the difference between the maximum price consumers are willing and able to pay and the price actually paid to producers.
B the difference between the maximum price consumers are willing and able to pay and the minimum price producers are willing to accept.
C the difference between the amqunt a producer is willing to accept and the price actually received.
D the total amount producers received for a product.
E the area above the marginal cost curve.
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