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Business, 28.09.2019 02:30 mayslays

Producer surplus is:
a. the opportunity cost of production minus the cost of producing goods that go unsold.
b. measured using the demand curve for a good.
c. always a negative number for sellers in a competitive market.
d. the amount a seller is paid minus the cost of production.

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Producer surplus is:
a. the opportunity cost of production minus the cost of producing goods...
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