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26. ________ is the difference between the actual price at which producer is selling and the price at which producer is willing to sell. A. Consumers' surplus C. Optimum price B. Producers' surplus D. Total receipts
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Producers' surplus is the difference between the actual price at which producer is selling and the price at which producer is willing to sell.
Expert answered|Fanboy|Points 2421|
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Asked 9/25/2012 2:40:35 AM
Updated 5/31/2014 10:50:16 AM
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Edited by yumdrea [5/31/2014 10:50:14 AM], Confirmed by yumdrea [5/31/2014 10:50:16 AM]
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