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The colonies of veterans established by Augustus throughout the empire
Caitlin's Producer Surplus
The difference between what a producer (in this case, Caitlin) actually receives for selling a good and the minimum they would be willing to accept.
Producer Surplus
The difference between what producers are willing to accept for a good or service and what they actually receive, measured by the area above the supply curve and below the market price.
Whitewater Rafting
A recreational outdoor activity which uses an inflatable raft to navigate through rough or whitewater rivers.
Producer Surplus
The difference between the amount a producer is willing to accept for a good or service and the actual amount received from selling it at the market price.
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