Which quantity does producer surplus NOT measure
A)the amount sellers receive above the minimum they would accept
B)the benefit to sellers of participating in a market
C)the amount sellers are paid less the amount they were willing to accept
D)the total value of a good to sellers

Question

Quizplus · Accepted Answer

Producer surplus measures the difference between what producers are willing to accept and what they actually receive, not the total value of a good to sellers.

Which Quantity Does Producer Surplus NOT Measure