MCQOPTIONS
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| 1. |
Producer surplus is the area ? |
| A. | below the supply curve and above the price |
| B. | below the demand curve and above the supply curve |
| C. | below the demand curve and above the price |
| D. | above the demand curve and below the price |
| E. | above the supply curve and below the price |
| Answer» E. above the supply curve and below the price | |