What does producer surplus measure
A)the well-being of sellers
B)production costs
C)the well-being of buyers and sellers
D)unsold inventories

Question

Quizplus · Accepted Answer

Producer surplus measures the difference between the price a producer is willing to accept to supply a good and the actual price of the good. It represents the well-being of sellers as it shows how much they benefit from selling a particular product.

What Does Producer Surplus Measure