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Definition of
producer's surplus
- 1 dictionary result
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Producer\'s surplus
Producer's surplus\ (Polit. Econ.) Any profit above the normal rate of interest and wages accruing to a producer on account of some monopoly (temporary or permanent) of the means or materials of production; -- called also
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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