In a supply-and-demand graph, producer surplus can be pictured as the

In a supply-and-demand graph, producer surplus can be pictured as the

A) vertical intercept of the supply curve.
B) area between the demand curve and the supply curve to the left of equilibrium output.
C) area under the supply curve to the left of equilibrium output.
D) area under the demand curve to the left of equilibrium output.
E) area between the equilibrium price line and the supply curve to the left of equilibrium output.

ANSWER

E