What is the producer surplus for the market from the production of the 100th unit of a good?
A)the marginal cost of producing the 100th unit
B)the marginal benefit from the 100th unit
C)the opportunity cost of producing the 100th unit
D)the marginal social benefit from the 100th unit minus the marginal cost of producing the 100th unit
E)the price paid for the 100th unit minus the marginal social cost of producing the 100th unit

Question

Quizplus · Accepted Answer

Producer surplus is the difference between the price received for a good and the marginal cost of producing it.

What Is the Producer Surplus for the Market from the Production