Figure 9-11
-Refer to Figure 9-11.Producer surplus in this market before trade is
A)C.
B)B + C.
C)A + B + D.
D)B + C + D.

Name: Figure 9-11 -Refer to Figure 9-11.Producer surplus in this market before trade is A)C. B)B + C. C)A + B + D. D)B + C + D.
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Figure 9-11 
-Refer to Figure 9-11.Producer surplus in this market before trade is
A)C. 
B)B + C. 
C)A + B + D. 
D)B + C + D.

Quizplus · Accepted Answer

Producer surplus before trade is the area above the supply curve and below the price level, which is represented by the area B + C.

Figure 9-11 -Refer to Figure 9-11.Producer Surplus in This Market Before Trade