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
Producers' surplus is the difference between the actual price at which producer is selling and the price at which producer is willing to sell.
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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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