Examlex
A firm's basic earnings per share measures how much profit was earned for each dollar invested by the firm's owners.
Producer Surplus
The difference between what producers are willing to accept for a product and the amount they actually receive.
Total Revenue
The overall amount of money generated by a firm from the sale of its goods and services, calculated as the unit price multiplied by the quantity sold.
Total Cost
The sum of the fixed cost and the variable cost of producing a given quantity of output.
Producer Surplus
The difference between what producers are willing to accept for a good or service versus what they actually receive, often depicted as an area on a graph.
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