The difference between what a producer receives for the goods it produces and the cost of producing them is known as

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Producer surplus is the amount that a producer earns from selling a good above and beyond the cost of producing it. It is calculated as the difference between the market price of the good and the marginal cost (i.e. the cost of producing one additional unit). Deadweight loss is a measure of the inefficiency associated with a market distortion or government intervention, while consumer surplus is the difference between what a consumer is willing to pay for a good and what they actually pay. Therefore, the difference between what a producer receives and the cost of production is known as producer surplus.

The Difference Between What a Producer Receives for the Goods