news comment analysis theory

Producer surplus

News

Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

Producer surplus - definition

Producer surplus is the extra private benefit a producer gains when the price they actually sell at is greater than they would be prepared to. Producer surplus is one element of economic welfare.

producer surplus diagram

Also see consumer surplus

Other stories

WTO rules

What exactly is the 'most favoured nation' rule?

Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

Customs unions

Costs and benefits of customs unions.

New materials

Multiple choice papers for Paper Three.

Savings ratio

Savings ratio falls to lowest level on record.