Producer surplus: A. is the difference between the true value of a good and the amount the firm wants to receive. B. is the difference between the current market price and the cost of production for the firm. C. is the difference between the maximum amount a person is willing to pay for a good and its current market price. D. represents the minimum amount a firm must receive for a particular good in order to be able to produce the good.
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Home » Business » Producer surplus: A. is the difference between the true value of a good and the amount the firm wants to receive. B. is the difference between the current market price and the cost of production for the firm. C.