producer surplus

noun

Definitions

  1. The difference between the minimum amount a producer is willing to accept for a product…

    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.

The neighborhood

Vish — recursive loop

No curated loop yet for producer surplus. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA