producer surplus
collocation in Englishmeaningsofproducerandsurplus
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withproducerorsurplus.
producer
noun[C]
uk/prəˈdʒuː.sər/us/prəˈduː.sɚ/
a person who makes the practical and financial arrangements needed to make a film, play, or television or ...
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surplus
noun[C or U]
adjective
uk/ˈsɜː.pləs/us/ˈsɝː.pləs/
(an amount that is) more than ...
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(Definition ofproducerandsurplusfrom theCambridge English Dictionary© Cambridge University Press)
Examplesofproducer surplus
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
On the first of these, note that in the models presented so far there is noproducersurplusto consider.
From theCambridge English Corpus
However, in generalproducersurplusis, like consumer surplus, convex in prices3 and hence greater randomization (for a given mean) raises expected producers surplus.
From theCambridge English Corpus
Sinceproducersurplusis zero before the innovation and positive afterwards, it is also true that the sum of expected surpluses also rises.
From theCambridge English Corpus
Second, our data do not contain enough information to perform the cost and profit margin calculations necessary to measureproducersurpluswithout making additional strong assumptions.
From theCambridge English Corpus
The patent holder will receive direct tax credits approximating the social value of the innovation, which will be defined as the sum of consumer surplus andproducersurplus.
From theCambridge English Corpus
When examining tax incidence, it is the lost consumer andproducersurplusthat is important.
From This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
Also, consumer surplus andproducersurplusare the same under such an import quota and a tariff.
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Wikipedia
Likewise, in the supply-demand diagram,producersurplusis the area below the equilibrium price but above the supply curve.
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Wikipedia
Economic rent should not be confused withproducersurplus, or normal profit, both of which involve productive human action.
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Wikipedia
Considering theproducersurplusexample, if the gradual discounting of prices also attracted more consumers, the producer would have to re-evaluate their strategy.
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Wikipedia
Elasticity is also crucially important in any discussion of welfare distribution, in particular consumer surplus,producersurplus, or government surplus.
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Wikipedia
This includes the gainedproducersurplus, the deadweight loss, and the tax revenue.
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Wikipedia
So the profit is equal to the sum of consumer surplus andproducersurplus.
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Wikipedia
The reservation price is used to help calculate the consumer surplus or theproducersurpluswith reference to the equilibrium price.
From This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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