What Is Producer Surplus?

[@gayansapuge4008]

Why haven't you explained this as the exact opposite of consumer surplus that you so beautifully explained in your consumer surplus video?

[@marcow2921]

Producer surplus is the difference between the market price and the minimum price at which producers would be willing to sell at a given quantity (just for my own reference)

[@mdwaliullahatik1321]

she explains wrong really. no producer wants to sell it for 0£. and the product's actual price is 40£.

[@mohamadmiralrihawi477]

hope that our professors watching and learning how to give an idea -__-

[@ellenmaes2480]

What you say on 1:23 is wrong: you assume the supply curve represents all costs to producers, while it only represents marginal costs (which only include variable costs, and not fixed costs). It should be explained more in detail that producer suplus is NOT the same as profit.

[@eanno04]

Producer surplus is not the same as profit? Can you please elaborate

[@PapaSeed]

uni life first year - if you're reading this im in 2nd year or 4th year or uni lets gooo

[@Dobriks]

Did you graduated

[@PapaSeed]

@@Dobriksyes sir

[@Sakkk]

how is life now

[@PapaSeed]

@@Sakkk good

[@YogithPabba]

what are you studing now ?

[@prasadkulkarni4210]

Great video

[@alaan7671]

good stuff man! learnt a alot

[@jaycellangay5795]

Thank you😊

[@dgfcl56ify]

Yes! Thank you!

[@michaelbaram2401]

Thank you

[@andyeprod]

wait so was the answer 1200 or 1200/2= 600?

[@aleksanderamid8932]

So what is 60*40 ?

[@dragonslayer-ug7sk]

I understood it perfectly until watching this video :(

[@millertoyal]

😂😂

[@Estudo-slaoq]

Lmaooooooo Im not watching this then

[@FurioAlves]

mid explanation nil