Cost is a measure of the Select one a. seler's wilingness to sell. b. seller's producer surplus c.producer shortage d. seller's willingness to buy On a graph, the area below a demand curve and above the price measures Select one a producer surplus b.consumer surplus c. deadweight loss. d. willingness to pay. Produoer surplus is the area Select one a. under the supply curve. b, between the supply and demand curves. C.below the price and above the supply curve d, under the demand curve and above the price. Produoer surplus measures the Select one a benefits to sellers of participeting in a market. b. costs to sellers of participating in a market c.price that buyers are willing to pay for sellers output of a good or d. benefit to sellers of producing a greater quantity of a good or service than buyers demand
