To a seller, the cost of a good or service is ________ and the price is ________.
A.
what must be given up to produce the good or service; what is received for the good or service
B.
what is received for the good or service; what must be given up to produce the good or service
C.
the producer surplus the seller receives; the consumer surplus the buyer receives
D.
the producer surplus the buyer receives; the consumer surplus the seller receives
E.
None of the above answers is correct.