We Can Measure Producer and Consumer Surplus by Looking at a Graph

Multiple Choice

We can measure producer and consumer surplus by looking at a graph of supply and demand. Producer surplus is:

A) the area above the supply curve but below the equilibrium price.
B) the area below the demand curve but greater than the equilibrium price.
C) the area below the demand curve all the way down to the quantity axis.
D) the combined triangular area below the demand curve and above the supply curve.