Instructional Video

Khan Academy: Producer Surplus

Curated by ACT

This video [8:20] defines producer surplus as the difference between the price a producer gets and its marginal cost. This means the producer surplus is the difference between the supply curve and the price received.

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producer surplus, khan academy, khan academy: producer surplus, difference between the price a producer gets and its marginal cost, difference between the supply curve and the price received, producer price index, budget surplus, market supply curve
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Resource Details
Grade
9th - 10th
Subjects
Career & Technical Education
1 more...
Resource Type
Instructional Videos
Audiences
For Administrator Use
2 more...