Producer surplus equals the Group of answer choices amount received by sellers minus the amount paid by buyers. value to buyers minus the cost to sellers. value to buyers minus the amount paid by buyers. amount received by sellers minus the cost to sellers.

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Business

Alexandra Silva

3 April, 02:40

Producer surplus equals the Group of answer choices amount received by sellers minus the amount paid by buyers. value to buyers minus the cost to sellers. value to buyers minus the amount paid by buyers. amount received by sellers minus the cost to sellers.

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Phoenix · Answer 1

Option D amount received by sellers minus the cost to sellers.

Explanation:

The producer surplus is the difference between the amount that the seller actually received and the amount the seller wants to receive.

Producer Surplus = Amount actually received by the seller - Amount the supplier wants to receive

All the remaining options discusses buyer influence which shows that these are totally incorrect and the only option that is correct is option D.