What does producer surplus measure
A)the well-being of society as a whole
B)the well-being of sellers
C)the well-being of buyers and sellers
D)the well-being of buyers

Question

Quizplus · Accepted Answer

Producer surplus specifically measures the well-being of sellers, as it represents the difference between the price they are willing to sell a product for and the minimum price they would require to produce it.

What Does Producer Surplus Measure