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Change in producer surplus |
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Change in producer surplusThe change in producer surplus due to a change in market conditions, usually a price change. For a price change, it is measured by the area to the left of the (upward sloping part of the) supply curve between the two prices, indicating a gain if price rises and a loss if it falls.Similar MatchesProducer surplusProducer surplusThe difference between the revenue of producers and production cost, measured as the area above the supply (or marginal cost) curve and below price, out to the quantity supplied, and net of fixed cost and losses at low output. If input prices are constant, this is profit; if not, it includes gains to input suppliers, such as labor. Normally useful only as the change in producer surplus. Producer Price Index (PPI)Producer Price Index (PPI)Index measuring changes in wholesale prices, published by the US Bureau of Labor Statistics every month. Producer presenceProducer presenceA mode of supply of a traded service in which the producer establishes a presence in the buyer's country by FDI and/or permanent relocation of workers. Temporary producer movementTemporary producer movementA mode of supplying a traded service through the temporary movement of persons employed by the supplier into the buyer's country. Big producerBig producerA successful broker who generates a large volume of commission. See Rainmaker. Further SuggestionsProducer subsidy equivalentProducer support estimate |
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