Producer Surplus

The Producer Surplus calculator computes the difference between the amount received by the seller and the cost of production or acquisition to the seller.  

INSTRUCTIONS: Choose units and enter the following:

• (ARS) This is the amount received by seller.
• (CTS) This is the cost to seller.

Producer Surplus (PS): The surplus is returned in U.S. dollars.  However, this can be automatically converted to other currencies via the pull-down menu.

The Math / Science

The formula for Consumer Surplus

   PS = VtB - APB

where:

• PS = Producer Surplus
• ARS = Amount received by Seller
• CTS = Cost to Seller

Producer Surplus is simply the difference between the cost to the seller and the amount received by the seller.

Macroeconomics Calculators

• Income Elasticity of Demand
• Cross-Price Elasticity of Demand
• Price Elasticity of Demand
• Price Elasticity of Supply
• Total Surplus
• Consumer Surplus
• Producer Surplus
• GDP Growth
• GDP Deflator
• GDP by Income
• GDP Expenditure
• Net Capital Outflow
• Net Exports and Net Capital Outflow
• Dollar Conversion from Different Times
• Unemployment Rate (Friedman and Phelps)
• National Saving
• Domestic Investment
• Unemployment Rate
• Inflation Rate in Year 2 (using CPI)
• Labor Force
• Labor-Force Participation Rate
• Net Exports
• Real Exchange Rate
• Currency Converter
• Midpoint Method for Price Elasticity of Demand
• Income Elasticity of Demand
• Simple Price Elasticity of Demand

Reference:

• Mankiw, N. Gregory. "Chapter 7:Market Efficiency." Principles of Macroeconomics. 6th ed. Mason, OH: Thomson/South-Western, 2004. 145-46. Print.