Producer surplus/Definition: Difference between revisions

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imported>Nick Gardner
(New page: The excess of the revenue that a producer gets from the sale of a product over the minimum that he would be willing to accept for it.)
 
imported>John Dvorak

Revision as of 17:28, 22 May 2008

The excess of the revenue that a producer gets from the sale of a product over the minimum that he would be willing to accept for it.