Producer surplus for a business is:

Question $18$ options:

the sum the business's profit and its variable cost

the price received from each unit of an item multiplied by the number of units of the item produced by the business

the sum of the marginal costs of producing a particular item for all units of the item produced by the business

the difference between price and marginal cost for each unit the business produces and sells

the sum of the business's variable cost and fixed cost

Question $19(1$ point$)$