Sentence examples for surplus consumer from inspiring English sources

"A lot of companies can't send merchandise back to the vendor" and are tempted to e-auction it, said Tom Petters, the chief executive of Redtagoutlet.com, in Minneapolis, which operates Redtagbiz.com, an exchange that caters to manufacturers selling mostly surplus consumer goods.

To make up for this difference, Professor Syverson estimates, consumer surplus (consumer benefits in excess of market price) would have to be five times as high as measured in the industries that produce and service information and communications technology.

Since (total utility to society) = (producer surplus + consumer surplus), an erosion of firms' profits equates to a payment transfer from producer to consumer rather than an increase in overall value to society.

The great unbundling of higher education will move much of the producer surplus to consumers and create new consumer surplus.

Economists express profits as areas representing producer's surplus or consumer's surplus corresponding to a pair of supply and demand functions.

In a world with a surplus of consumer choices, scripted language is a strategy that no longer works.

This practice can allow retailers to extract further surplus from consumers through quality-based price discrimination.

However, RPM resolves the problem and induces the manufacturer to supply the good, bringing positive surplus to consumers.

The total Welfare (TW) is the total surplus of consumers and producers and is defined by mathit{TW}= mathit{CS} + Pi. (5).

The model aims to find a partial equilibrium on the energy market which satisfies the maximisation of the net surplus of consumers and suppliers, via linear programming [40].

Consumer surplus, also called social surplus and consumer's surplus, in economics, the difference between the price a consumer pays for an item and the price he would be willing to pay rather than do without it.