Producer surplus is:
the amount at which producers are willing to sell a good plus the amount at which they sell it.
the difference between the market price and the minimum price at which producers are willing to sell a good.
the amount at which producers are willing to sell a good.
the amount at which producers sell a good.
Producer surplus is defined as the difference between the market price and the minimum price at which producers are willing to sell a good. This surplus represents the benefit producers receive when they sell a product for more than the lowest price they would be willing to accept.