Flashcard sets with a 'producer surplus' term meaning '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.'

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1-1 of 1Flashcard sets with a 'producer surplus' term meaning '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.'
# Title Terms Date
13.2 Economic Problem and PPCby embem12336 termsJuly 12, 2009
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