Producer surplus is the:
A) number of producers who are excluded from a market because of scarcity.
B) amount of a good that a producers will sell at a price below the equilibrium price.
C) amount consumers actually pay for a good minus the amount the sellers are willing to sell the good.
D) amount consumers are willing to pay for a good minus the cost of producing the good.

Question

Quizplus · Accepted Answer

Producer surplus is the difference between the amount producers actually receive for a good and the minimum amount they are willing to accept for it.

Producer Surplus Is The