Study Notes

Producer Surplus

Level:
AS, A-Level
Board:
AQA, Edexcel, OCR, IB

Last updated 2 Jul 2018

What is meant by producer surplus?

Producer surplus is a measure of producer welfare. It is measured as the difference between what producers are willing and able to supply a good for and the price they actually receive

Producer surplus - revision video
Consumer and producer surplus - revision video

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