The amount that producers receive for a good minus their costs of producing it equals producer:
A)cost
B)surplus
C)gain
D)margin

Question

Quizplus · Accepted Answer

The amount that producers receive for a good minus their costs of producing it is their producer surplus. This represents the benefit or gain that a producer receives above and beyond their production costs. Therefore, the correct answer is B, surplus.

The Amount That Producers Receive for a Good Minus Their