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Supplier surplus refers to the difference between the amount a supplier is willing to accept for a good or service and the actual price they receive in the market. It reflects the benefits suppliers gain from selling at a higher market price than their minimum acceptable price. This concept is similar to consumer surplus, but it focuses on suppliers' economic gains. Supplier surplus can be seen as a measure of producer welfare in economic analyses.

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1w ago

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Related Questions

What does surplus merchandise?

to return the surplus merchandise to the supplier


What does surplus merchandise mean?

your manager tells you to return the surplus merchandise to the supplier. You are returning the merchandise because:


What does merchandise mean?

your manager tells you to return the surplus merchandise to the supplier. You are returning the merchandise because:


Why the price ceilings reduce economic surplus?

Price ceilings mean that a supplier can not charge more than a certain price for a good. When the amount a supplier charges is higher than it's economic costs for producing, it is running an economic surplus. With a price ceiling, the supplier is usually being prevented from charging the amount that maximizes economic profits. This therefore would reduce its economic surplus relative to what it could be without the price ceiling in place.


What if your manager tells you to return the surplus merchandise to the supplier You are returning the merchandise because?

Surplus Merchandise is merchandise that is left over. Let's say you have to sell 100 shoes but only 75 get sold so that means that th 25 left over is extra; hence the name surplus merchandise so this means that you are returning it because you have too many of them.


Where can one purchase army tents in the US?

Moutain Gear Surplus Sales is the largest supplier of Military Tents in the U.S.A. since 1997. Other companies such as the Mahavira also have army tents available for sale.


What is the acronym of surplus?

surplus


Does China have a trade surplus or a trade deficit?

surplus Quantify the surplus amount as in March 2011


What is landform of surplus farming?

Surplus farming is not a landform. A surplus is a quantity greater than required, it is possible to have a surplus from any fertile ground.


What is the analogy of surplus?

SURRENDER : OPPOSITION :: surplus :


Which causes the price of grain from the plains to fall?

A surplus in crops


Is surplus a homophone?

There is no homophone for the word surplus.