Search results
Results from the WOW.Com Content Network
If capitals that set in motion unequal quantities of living labour produce unequal amounts of surplus-value, this assumes that the level of exploitation of labour, or the rate of surplus-value, is the same, at least to a certain extent, or that the distinctions that exist here are balanced out by real or imaginary (conventional) grounds of ...
Also called economic surplus. [ 168 ] A situation in which the quantity of a good or service supplied is more than the quantity demanded, [ 169 ] and the price is above the equilibrium level determined by supply and demand ; that is, the quantity of the product that producers wish to sell exceeds the quantity that potential buyers are willing ...
The consumer's surplus is highest at the largest number of units for which, even for the last unit, the maximum willingness to pay is not below the market price. Consumer surplus can be used as a measurement of social welfare, shown by Robert Willig. [ 8 ]
In economics, an excess supply, economic surplus [1] market surplus or briefly supply is a situation in which the quantity of a good or service supplied is more than the quantity demanded, [2] and the price is above the equilibrium level determined by supply and demand. That is, the quantity of the product that producers wish to sell exceeds ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Consumer surplus is an economic indicator which measures consumer benefits. [7] [10] [2] The price that consumers pay for a product is not greater than the price they desire to pay, and in this case there will be consumer surplus. For the supply side of economics, the general school of thought is that profit is meant to ensure shareholder yield.
(The Center Square) - San Francisco County Supervisor Matt Dorsey, a Democrat and former addict, is calling for “mass arrests, detox, and treatment” of open-air, often homeless drug users in ...
The hackers accessed a different but still sensitive type of information for far more people, mostly in the Washington, D.C., area: more generalized information about phone calls and texts, called ...