How to pronounce “producer surplus”

Meaning

• [Noun]
• The difference between the minimum amount a producer is willing to accept for a product (based on the cost of production) and the current market price.

Practice Nearby Words

consumer surplus, supply curve, agricultural surplus, producer price index, trade surplus, producer good, market power, private cost, natural price, surplus value, market equilibrium, private benefits, equilibrium price, offer curve, comparative advantage, supply and demand, selling price, demand, normal profit, demand curve, goods, buyer's market, consumer good, bertrand's paradox, productive efficiency, services, profiting, absolute advantage, accounting profit, spread, prime cost, market price, dollar voting, production externality, production possibility curve, basis, market value, price maker, fair market value, profit, supernormal profit, buyer's premium, producer-only market, gross profit, product differentiation, seller's market, duopsony, purchasing power, agency pricing, purchase price, export subsidy, prof, value added, cost price, economic rent, contract curve, sales profit, overage, siegel's paradox, transaction utility, superior good, superprofit, surplusage, price scissors, price signal, supply side, factor market, posted price, perfectly inelastic supply, bid price, overtrading, contango, exchange value, sales, perfect price discrimination, margin, output, part exchange, price floor, market, commerciality, terms of trade, consumer, fair value, marginal analysis, price cut, gross margin, adverse selection, list price, giffen good, overhang, business economics, commodity market, retail price, balance of trade, price range, gross national product, price discrimination, price level, marginal cost

Similar Sounds

predecessors, producers, produces, brotherless, bruxelles, better place, spruce grouse, successless, bsss, strapless