Figure: Producer Surplus II
(Figure: Producer Surplus II) Look at the figure Producer Surplus II.If the price rises from P₁ to P₂, producer surplus increases by the area:
A.LMK.
B.P₁K0.
C.P₂M0.
D.P₂P₁KM.

Question

Figure: Producer Surplus II
   (Figure: Producer Surplus II) Look at the figure Producer Surplus II.If the price rises from P₁ to P₂, producer surplus increases by the area: 
A.LMK.
B.P₁K0.
C.P₂M0.
D.P₂P₁KM.

Quizplus · Accepted Answer

The Answer of Figure: Producer Surplus II
   (Figure: Producer Surplus II) Look at the figure Producer Surplus II.If the price rises from P₁ to P₂, producer surplus increases by the area: 
A.LMK.
B.P₁K0.
C.P₂M0.
D.P₂P₁KM.