-In the above figure, what is the amount of producer surplus at the efficient quantity?
A) $0
B) $1,000
C) $2,000
D) $4,000

Name: -In the above figure, what is the amount of producer surplus at the efficient quantity? A) $0 B) $1,000 C) $2,000 D) $4,000
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Question

-In the above figure, what is the amount of producer surplus at the efficient quantity?
A) $0 
B) $1,000 
C) $2,000 
D) $4,000

Quizplus · Accepted Answer

Producer surplus is the area above the supply curve and below the price level up to the efficient quantity. The given choice suggests that this area amounts to $2,000.

-In the Above Figure, What Is the Amount of Producer