Examlex
Explain how cable and satellite television could be made into more democratic media.
Willing Supplier
An entity or individual that is ready and able to provide goods or services at a certain price.
Producer Surplus
The difference between the amount producers are willing to accept for a good or service versus what they actually receive in the market.
Market Price
The ongoing value at which a commodity or service is offered for buy or sell in a trading environment.
Producer Surplus
The gap between the amount sellers are prepared to accept for a product and the actual selling price they obtain.
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