The amount that producers receive for a good minus their costs of producing it equals

Name: The amount that producers receive for a good minus their costs of producing it equals
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The amount that producers receive for a good minus their costs of producing it is called producer surplus. It represents the difference between the price that producers are willing and able to sell a good for and the cost of producing that good. Therefore, choice D, producer surplus, is the correct option.

The Amount That Producers Receive for a Good Minus Their