Respuesta :
Producer surplus is the difference between the market price a producer receives for a product and the minimum price producers are willing to accept for a product. The above statement is true. Hence, option A is appropraite.
What is the Surplus?
You have a surplus when you have more of something than you need or want to use. If there is any food left over after everybody has done eating when you cook supper, for example.
Many excess assets, like income, earnings, capital, and goods, are referred to as surpluses. When spending is lower than revenue, or when fewer resources are utilized than were retained, a budget or inventory will frequently have a surplus.
Economic surplus usually referred to as overall welfare, total social welfare, or Marshallian surplus in mainstream economics, is one of two closely related quantities: excess consumption.
Hence, option A is correct.
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