An individual's ________ surplus is the area ________ the ________ curve and ________ the ________ up to the quantity ________.
A) consumer; above; supply; below; market price, produced.
B) producer; above; supply; below; market price, produced.
C) consumer; below; demand; above; choke price, purchased.
D) producer; below; supply; choke price, below; the producer sells.

Question

Quizplus · Accepted Answer

Producer surplus is the area above the supply curve and below the market price up to the quantity produced.

An Individual's ________ Surplus Is the Area ________ the ________

An Individual's Surplus Is the Area the