The equilibrium point in the market is where S and D curve intersect. Refer to the graph above. At equilibrium, the producer surplus would be represented by the area:
A) b
B) b + c
C) a + b
D) b + c + d

Question

The equilibrium point in the market is where S and D curve intersect.  Refer to the graph above. At equilibrium, the producer surplus would be represented by the area:
A) b 
B) b + c 
C) a + b 
D) b + c + d

Quizplus · Accepted Answer

The Answer of The equilibrium point in the market is where S and D curve intersect.  Refer to the graph above. At equilibrium, the producer surplus would be represented by the area:
A) b 
B) b + c 
C) a + b 
D) b + c + d

The Equilibrium Point in the Market Is Where S and D