Producer surplus is the
A) cost of the good summed over the quantity sold.
B) demand for a good minus the supply summed over the quantity sold.
C) price of a good minus the marginal cost of producing it summed over the quantity sold.
D) marginal cost of producing it summed over the quantity sold.

Question

Quizplus · Accepted Answer

Producer surplus is the difference between what producers are willing to accept for a good (marginal cost) and what they actually receive (price), summed over the quantity sold.

Producer Surplus Is the