Use the following graph to answer the following questions.

-In the figure,which area represents the producer surplus?
A) area A
B) area B
C) area C
D) area D
E) area E

Question

Use the following graph to answer the following questions.
 
-In the figure,which area represents the producer surplus?
A) area A 
B) area B 
C) area C 
D) area D 
E) area E

Quizplus · Accepted Answer

Producer surplus is the area above the supply curve and below the actual price paid by the buyers. In this graph, area C represents the producer surplus. Therefore, the correct answer is C.

There is no additional question or information to provide the best choice(s).

Use the Following Graph to Answer the Following Questions