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
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3 Comments
Right answer is E
(Googled)
Producer surplus is the area above the supply curve and below the price. … (In competitive markets, the area under the total supply curve would be the total cost of producing an infinite amount of goods)