What Is The Best Definition Of Producer Surplus?

What Is The Best Definition Of Producer Surplus? Producer surplus is the total amount that a producer benefits from producing and selling a quantity of a good at the market price. The total revenue that a producer receives from selling their goods minus the total cost of production equals the producer surplus. What is the

Why Did Some Greek Settlements Trade What Goods Did The Greeks Exchange?

Why Did Some Greek Settlements Trade What Goods Did The Greeks Exchange? Why did some Greek settlements trade? The Greek settlements traded to get goods they needed. … They traded olive oil, pottery, and wine from the Greek mainland. In exchange, the Greeks got grain, timber, and metal. What did the Greeks exchange? The most