Producer Surplus Is Calculated as _____

Multiple Choice

Producer surplus is calculated as _____.

A) the area between the price line and the supply curve up to the equilibrium level of output
B) the area between the supply curve and the X-axis up to the equilibrium level of output
C) the area between the price line and the demand curve up to the equilibrium level of output
D) the area between the demand curve and the supply curve up to the equilibrium level of output