Suppose That a Minimum Price (Price Floor) Is Legislated

Multiple Choice

Suppose that a minimum price (price floor) is legislated. To calculate producer surplus:

A) integrate the area below the price floor and above the supply curve between zero and the free-market equilibrium price.
B) integrate the area below the price floor and above the supply curve between zero and the quantity resulting from the price floor.
C) integrate the area under the demand curve and above the price floor between zero quantity and the quantity resulting from the price floor.
D) integrate the area under the demand curve and above the supply curve between zero quantity and the quantity resulting from the price floor.