The area above the market supply curve and below the market price A) is equal to the marginal cost of the last unit produced. B) is equal to the...

The area above the market supply curve and below the market price A) is equal to the marginal cost of the last unit produced. B) is equal to the total cost of production. C) is equal to the total amount of producer surplus in a market. D) is equal to the total amount of economic surplus in a market.