Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. In mainstream economics, consumer surplus is the ...

Producer surplus is an economic term that describes both the minimal price that a company will accept to sell its product for and also the maximal price that the company can sell the same product for.

Companies vary greatly in terms of their missions, strategic goals and product offerings, but every business has an underlying goal of generating surplus. Surplus is a concept in economics that ...