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Which quantity does producer surplus NOT measure? a. the benefit to sellers of participating in a market b. the amount sellers receive above the minimum
Which quantity does producer surplus NOT measure?
a. | the benefit to sellers of participating in a market | |
b. | the amount sellers receive above the minimum they would accept | |
c. | the total value of a good to sellers | |
d. | the amount sellers are paid less the amount they were willing to accept |
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