Question

The more producers there are of a good in a market, the price will be

Answer 1

Answer: The difference between how much a person would take for a given amount of a thing and how much they can obtain by selling the good at market price is known as producer surplus. The profit received by the producer for selling the item in the market is the difference, or excess amount. Market prices that are higher than the lowest price producers would be prepared to accept for their commodities generate a producer surplus.

Explanation:

Answer 2

Answer:

amount of product the producers(in general) are willing to sell