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13 Aug 2018
20. Producer surplus for an individual seller is equal to: A) the price of the good minus the marginal cost of producing the good. B) the marginal cost of the good minus the willingness to pay for the good. C) the willingness to pay for the good minus the price of the good. D) the marginal cost of the good minus the price of the good.
20. Producer surplus for an individual seller is equal to: A) the price of the good minus the marginal cost of producing the good. B) the marginal cost of the good minus the willingness to pay for the good. C) the willingness to pay for the good minus the price of the good. D) the marginal cost of the good minus the price of the good.
Beverley SmithLv2
15 Aug 2018