What does Producer Surplus mean?
The difference between the amount a producer receives and the minimum amount they are willing to accept.
A higher market price for a product leads to a greater producer surplus.
Producer Surplus in German, French, Spanish and Italian
GermanProduzentenrente
Vorteil des Verkäufers, wenn der Marktpreis über seinen Kosten liegt.
FrenchSurplus du producteur
Différence entre le prix de vente et le coût de production.
SpanishExcedente del productor
Diferencia entre lo que cobra el productor y su coste de producción.
ItalianSurplus del produttore
Vantaggio del venditore derivante dalla vendita a un prezzo superiore al costo minimo.
Common phrases with Producer Surplus
- greater producer surplus
- sellers producer surplus
- market price producer surplus