What Is Producer Surplus?

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Producer surplus refers to a producer’s gain from exchange. That is, the difference between the market price and the minimum price at which a producer is willing to sell something.

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  1. Marginal Revolution University
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Комментарии
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Why haven't you explained this as the exact opposite of consumer surplus that you so beautifully explained in your consumer surplus video?

gayansapuge
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Producer surplus is the difference between the market price and the minimum price at which producers would be willing to sell at a given quantity (just for my own reference)

marcow
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uni life first year - if you're reading this im in 2nd year or 4th year or uni lets gooo

PapaSeed
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What you say on 1:23 is wrong: you assume the supply curve represents all costs to producers, while it only represents marginal costs (which only include variable costs, and not fixed costs). It should be explained more in detail that producer suplus is NOT the same as profit.

ellenmaes
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hope that our professors watching and learning how to give an idea -__-

mohamadmiralrihawi
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wait so was the answer 1200 or 1200/2= 600?

andyeprod
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I understood it perfectly until watching this video :(

dragonslayer-ugsk