Which of the Following Is True About Producer Surplus

Multiple Choice

Which of the following is true about producer surplus?

A) ​Producer surplus is how much more it costs sellers than they are paid.
B) ​Producer surplus is shown graphically as the area under the demand curve but above the supply curve.
C) ​An increase in the market price due to an increase in demand will increase producer surplus.
D) ​All of the above are true about producer surplus.