Producer's surplus at price p is the vertical distance between the supply curve and the demand curve at price p.

Name: Producer's surplus at price p is the vertical distance between the supply curve and the demand curve at price p.
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Producer's surplus at price p is the area above the supply curve and below the price level p, up to the quantity sold. It represents the difference between what producers are willing to accept for a good or service versus what they actually receive.

Producer's Surplus at Price P Is the Vertical Distance Between