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  2. Intermediate consumption - Wikipedia

    en.wikipedia.org/wiki/Intermediate_consumption

    Intermediate goods or services used in production can be either changed in form (e.g. bulk sugar) or completely used up (e.g. electric power). Intermediate consumption (unlike fixed assets) is not normally classified in national accounts by type of good or service, because the accounts will show net output by sector of activity.

  3. Economic surplus - Wikipedia

    en.wikipedia.org/wiki/Economic_surplus

    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] For a single price change, consumer surplus can provide an approximation of changes in welfare.

  4. Market structure - Wikipedia

    en.wikipedia.org/wiki/Market_structure

    The total surplus of perfect competition market is the highest. And the total surplus of imperfect competition market is lower. In the monopoly market, if the monopoly firm can adopt first-level price discrimination, the consumer surplus is zero and the monopoly firm obtains all the benefits in the market. [15]

  5. Operating surplus - Wikipedia

    en.wikipedia.org/wiki/Operating_surplus

    Operating surplus is a component of value added and GDP. The term "mixed income" is used when operating surplus cannot be distinguished from wage income, for example, in the case of sole proprietorships. Most of operating surplus will normally consist of gross profit income. In principle, it includes the (separately itemised) increase in the ...

  6. Profit (economics) - Wikipedia

    en.wikipedia.org/wiki/Profit_(economics)

    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.

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  8. College Football Playoff rankings reveal: did the CFP ...

    www.aol.com/sports/college-football-playoff...

    Following a wild conference championship game weekend, Dan Wetzel, Ross Dellenger and SI's Pat Forde hop on to discuss the outcome of the final College Football Playoff rankings.

  9. Surplus value - Wikipedia

    en.wikipedia.org/wiki/Surplus_value

    The surplus-value produced by prolongation of the working day, I call absolute surplus-value. On the other hand, the surplus-value arising from the curtailment of the necessary labour-time, and from the corresponding alteration in the respective lengths of the two components of the working day, I call relative surplus-value.