The quantity of a good supplied by a firm is Q. Each of these goods sells for a price of P. The area under the supply curve for Q goods is equal to C.
What is the producer surplus of the firm?
1 )
P – C
2 )
$P \times Q$
$\left( {P \times Q} \right)-C$
4 )
$\left( {P-C} \right) \times Q$
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