Producer surplus/Definition: Difference between revisions
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imported>John Dvorak m (Template:Def Producer surplus moved to Producer surplus/Definition: Moving_definition) |
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The excess of the revenue that a producer gets from the sale of a product over the minimum that he would be willing to accept for it. | The excess of the revenue that a producer gets from the sale of a product over the minimum that he would be willing to accept for it. | ||
Latest revision as of 00:00, 23 May 2008
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Producer surplus [r]: The excess of the revenue that a producer gets from the sale of a product over the minimum that he would be willing to accept for it.