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Producer surplus is the: 1 ) sum of a seller's marginal cost and the price she finally receives. 2 ) difference between a seller's marginal

Producer surplus is the:
1)
sum of a seller's marginal cost and the price she finally receives.
2)
difference between a seller's marginal cost and the price she finally receives.
3)
product of a seller's marginal cost and the price she finally receives.
4)
ratio of a seller's marginal cost to the price she finally receives.

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