producer's surplus

producer's surplus
noun also producer's rent
: the payment received by a producer or seller in excess of the least sum he would have been willing to accept to make the sale — compare : consumer's surplus

Useful english dictionary. 2012.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Producer's surplus — (Polit. Econ.) Any profit above the normal rate of interest and wages accruing to a producer on account of some monopoly (temporary or permanent) of the means or materials of production; called also …   The Collaborative International Dictionary of English

  • producer’s surplus — /prəˌdju:səz sɜ:pləs/ noun the amount by which the actual price of a product is more than the minimum which the producer would accept for it ● There is a considerable producer’s surplus because the product is in short supply. ● If our customer… …   Marketing dictionary in english

  • producer`s surplus — difference between the cost of a product and the price received for it …   English contemporary dictionary

  • producer's rent — noun see producer s surplus …   Useful english dictionary

  • Surplus — may refer to:* budget surplus, the opposite of a budget deficit * in economics, economic surplus (including producer surplus and consumer surplus), and capital surplus * an excess of production or supply over demand (see supply and demand) *… …   Wikipedia

  • Surplus Value, Theory Of —    Surplus value is a central notion in Karl Marx’s analysis of capitalism and his theory of exploitation. Marx bases his theory of surplus value on the labor theory of value which assumes the value of goods to be determined by the relative… …   Historical dictionary of Marxism

  • Producer Surplus — An economic measure of the difference between the amount that a producer of a good receives and the minimum amount that he or she would be willing to accept for the good. The difference, or surplus amount, is the benefit that the producer… …   Investment dictionary

  • surplus — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ big, huge, large ▪ a large grain surplus ▪ small ▪ projected ▪ …   Collocations dictionary

  • Economic surplus — This article is about consumers and producers surplus. For information about other surpluses, see deficit. Graph illustrating consumer (red) and producer (blue) surpluses on a supply and demand chart In mainstream economics, economic surplus… …   Wikipedia

  • Operating surplus — is an accounting concept used in national accounts statistics (such as United Nations System of National Accounts (UNSNA) and in corporate and government accounts. It is the balancing item of the Generation of Income Account in the UNSNA. It may… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”