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5 August, 04:07

Producer surplus is the area A. under the demand curve and above the price. B. between the supply and demand curves. C. below the price and above the supply curve. D. under the supply curve.

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  1. 5 August, 04:27
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    C. below the price and above the supply curve

    Explanation:

    The Producer surplus is the difference between the price received for a product and the minimum price the seller is willing to accept for the same product. This area on the graph is below the price line and above the supply curve.
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