producer surplus

noun

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.

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Meanings

nounproducer surplus (plural producer surpluses)

plural producer surpluses

  1. 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.
Cite this entry
APA

producer surplus. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/producer%20surplus

MLA

“producer surplus.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/producer%20surplus. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “producer surplus,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/producer%20surplus.

Source: producer surplus on Wiktionary, CC BY-SA 4.0.