producer’s surplus

Definitions

Economics

• noun
  (written as producer's surplus)
  the amount by which the actual price of a product is more than the minimum which the producer would accept for it

Health Economics

• (written as Producer's Surplus)
  The difference between what a producer receives and the minimum required to compensate the producer for producing/selling. In the diagram, the marginal cost curve (supply curve) in a price-takers' market defines the lower boundary of the producer's surplus (the shaded area).

Marketing

• noun the amount by which the actual price of a product is more than the minimum which the producer would accept for it

Nearby Definitions of “producer’s surplus”

• prod
• produce
• producer
• producer good
• Producer Price Index
• producer’s surplus
• Producer Sovereignty
• producer subsidy equivalent
• producer support estimate
• producer surplus
• product

Contexts for “producer’s surplus”

3 definitions in context
• Economics
• Health Economics
• Marketing