Part 1What is producer​ surplus? How is it​ measured? Part 1Producer surplus is the​ _______. A. value placed on a good by the seller of a good B. excess of the benefit received from a good over the amount paid for it C. excess of the amount received from the sale of a good over the cost of producing it D. excess of the amount consumers are willing to pay for a good over the cost of producing it Part 2Producer surplus is calculated as the​ _______ a good minus​ _______, summed over the quantity sold. A. value​ (or marginal​ benefit) of; the price paid for it B. marginal cost of​ producing; its marginal benefit C. price received​ for; its marginal cost​ (or minimum​ supply-price) D. cost of​ producing; its value Part 3Suppose that the price of a cashmere sweater is ​$200200 and​ Jean's marginal cost of producing a cashmere sweater is ​$150150. What is​ Jean's producer​ surplus?​Jean's producer surplus is ​$[input]enter your response here .