Refer to the above diagram.Assuming equilibrium price P₁,producer surplus is represented by areas: A) a + b. B) a + b + c + d. C) c + d. D) a + c.

Name: Refer to the above diagram.Assuming equilibrium price P 1 ,producer surplus is represented by areas: A) a + b. B) a + b + c + d. C) c + d. D) a + c.
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The Answer of Refer to the above diagram.Assuming equilibrium price P₁,producer surplus is represented by areas: A) a + b. B) a + b + c + d. C) c + d. D) a + c.

Refer to the Above Diagram