Cournot Perfect Competition Producer Surplus

Units:	$
Mode:	Output Only
Multi-band:	False
Default Value:
Validation Rule:
Key Property:	No
Description:	Producer surplus in the perfect competition solution
Detail:

Cournot Perfect Competition Producer Surplus is producer surplus in the perfect competition solution. It is defined as:

Perfect Competition Producer Surplus = Perfect Competition Production × Perfect Competition Price - Production Cost

where:

Production Cost is the sum of all production costs.

See also:

• Cournot Perfect Competition Consumer Surplus
• Cournot Producer Surplus