Economics · Producer Surplus

In microeconomics, producer's surplus in the short run is defined as the:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Excess of Total Revenue over Total Variable Cost✓
2Excess of Fixed Cost over Variable Cost
3Excess of Total Cost over Total Revenue
4Total Revenue from sales

Correct answer

Excess of Total Revenue over Total Variable Cost

Download Single Question PDF

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Share with Friends & Study Groups

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Preparing for Economics?

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Start Free Mock Test →

Chapter Practice

Want more practice questions on Producer Surplus?

Solve complete topic-wise tests with detailed solutions on GkGet.

Practice Producer Surplus MCQs →

Recommended practice questions in Economics · Producer Surplus

Browse More Economics →

Which of the following events is considered a major turning point that fueled Indian nationalism during British rule due to its brutal nature and widespread condemnation?

Solve Question→

Which of the following events is considered the first major peasant uprising against the British in India?

Solve Question→

In microeconomics, producer's surplus in the short run is defined as the:

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

In microeconomics, producer's surplus in the short run is defined as the:

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions