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| producer surplus definitions | |||
|---|---|---|---|
| # | Definition | Sets | |
| 1 | the amount a seller is paid for a good minus the seller's cost of providing it | 6 sets | |
| 2 | the economic gain of the sellers of a product as measured by the cumulative difference between the price received and their respective reservation prices | 3 sets | |
| 3 | the difference between the lowest price a firm would be willing to accept and the price it actually receives | 3 sets | |
| 4 | the difference between the minimum price suppliers are willing to accept and the prices they actually receive. | 3 sets | |
| 5 | the difference between the current market price and the full cost of production for the firm | 2 sets | |
| 6 | the amount a seller is paid for a good minus the seller's cost of providing it. | 2 sets | |
| 7 | the amount a seller is paid for a good minus the seller's cost | 2 sets | |
| 8 | the difference between the actual price a producer receives and the minimum acceptable price | 2 sets | |
| 9 | the amount a seller is paid minus the seller's cost | 2 sets | |
| 10 | the difference between the current market price and the full cost of production for the firm. | 2 sets | |
| 11 | the difference between the actual price a producer recieves and the minimum acceptable price | 2 sets | |
| 12 | the price the producer sells a product for less the cost of producing it | 2 sets | |
| 13 | the difference between the lowest price a firm would be willing to accept and the price it actually recieves | 1 set | |
| 14 | the difference between the price a producer is willing to accept and what is actually paid. | 1 set | |
| 15 | difference between market price and the price that firms would be willing to supply the product. it is equal to the area below market price and above the supply curve. | 1 set | |
| 16 | difference between the amount paid for a good and the min. price the producer was willing to take for the good. | 1 set | |
| 17 | price the producer sells a product for less the cost of producing it. | 1 set | |
| 18 | the difference between the total earnings and the total cost required to put that quantity on the market. it is the area above the s curve, up to market price. | 1 set | |
| 19 | the money the firm gets that is in excess of its marginal costs | 1 set | |
| 20 | difference between price producers willing to supply commodity and what actually recieved from selling (market price) | 1 set | |
| 21 | difference between current market price and the full cost of production for a firm | 1 set | |
| 22 | refers to either total or individual producer surplus | 1 set | |
| 23 | difference between price and opportunity cost | 1 set | |
| 24 | the difference between the actual price a supplier receives and the minimum acceptable price | 1 set | |
| 25 | what sellers gain | 1 set | |
| 26 | the difference between the market price which firms recieve and the price at which they are prepared to supply | 1 set | |
| 27 | when producer enjoys price in excess to the cost, above supply curve and below the price line | 1 set | |
| 28 | economic gain of the sellers of a product as measured by cumulative difference between the price received and their respective reservation prices. | 1 set | |
| 29 | the amount a seller is paid for a good minus the sellers cost | 1 set | |
| 30 | revenue producers receive over and above the min. amt required to induce them to supply the good | 1 set | |
| 31 | difference between what a producer is willing to accept and what they are paid | 1 set | |
| 32 | measure the revenue producers receive beyond the minimum required to induce them to supply the good; area above the domestic supply curve and below the price | 1 set | |
| 33 | the difference between the actual price a producer receives (or producers receive) and the minimum acceptable price | 1 set | |
| 34 | the amount a seller is paid for a good minus the seller's cost of providing | 1 set | |
| 35 | amount seller paid minus cost of providing it | 1 set | |
| 36 | difference between what price a firm receives and the price they're willing to recieve | 1 set | |
| 37 | the difference between the actual price producers recieve and the minimum acceptable price. | 1 set | |
| 38 | the amount a seller is paid minus the sellers costs | 1 set | |
| 39 | its the difference between the currrent market price and the full cost of production for the firm | 1 set | |
| 40 | the economic gain of the sellers of a product as measured by the cumulative difference between the price recived and their respective reservation prices | 1 set | |