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Was (wer) ist surplus inventories - definition
MONETARY BENEFIT THAT ACCRUES TO PARTIES TO AN ECONOMIC TRANSACTION
Surplus (economics); Producer surplus; Consumer and producer surplus; Consumer's Surplus; Marshallian surplus; Consumers' surplus; Consumers' Surplus; Producer's surplus; Consumer surplus; Producers' surplus; Producers' Surplus; Producer's Surplus; Producer Surplus; Consumer Surplus; Rule of one-half; Consumer's surplus; Consumers surplus; Producers surplus; Social surplus
Producer's surplus
·add. ·- Any profit above the normal rate of interest and wages accruing to a producer on account of some monopoly (temporary or permanent) of the means or materials of production;
- called also Producer's rent.
Consumer's surplus
·add. ·- The excess that a purchaser would be willing to pay for a commodity over that he does pay, rather than go without the commodity;
- called also consumer's rent.
Lumley inventories
![Portrait of Edward VI of England after Hans Holbein the Younger, called "The Lumley portrait of King Edward VI, as Prince of Wales". The Lumley ''[[cartellino]]'' can be seen on the right of the portrait.](https://commons.wikimedia.org/wiki/Special:FilePath/After Hans Holbein the Younger Lumley Edward VI.jpg?width=200 "Portrait of Edward VI of England after Hans Holbein the Younger, called \"The Lumley portrait of King Edward VI, as Prince of Wales\". The Lumley ''[[cartellino]]'' can be seen on the right of the portrait.")
![Portrait of [[Robert Devereux, 2nd Earl of Essex]], by [[William Segar]], showing the Lumley ''[[cartellino]]'', now in the [[National Gallery of Ireland]]](https://commons.wikimedia.org/wiki/Special:FilePath/Devereaux essex4.jpg?width=200 "Portrait of [[Robert Devereux, 2nd Earl of Essex]], by [[William Segar]], showing the Lumley ''[[cartellino]]'', now in the [[National Gallery of Ireland]]")
MANUSCRIPT CATALOG OF THE COLLECTIONS OF JOHN, 1ST BARON LUMLEY
The Lumley inventories; Red Velvet Book; Lumley inventory
The Lumley inventories are a group of inventories documenting the extensive collections of paintings, books, sculptures, silver and furniture accumulated by John, 1st Baron Lumley (c.1533–1609).
Wikipedia
Economic surplus
In mainstream economics, economic surplus, also known as total welfare or total social welfare or Marshallian surplus (after Alfred Marshall), is either of two related quantities:
- Consumer surplus, or consumers' surplus, is the monetary gain obtained by consumers because they are able to purchase a product for a price that is less than the highest price that they would be willing to pay.
- Producer surplus, or producers' surplus, is the amount that producers benefit by selling at a market price that is higher than the least that they would be willing to sell for; this is roughly equal to profit (since producers are not normally willing to sell at a loss and are normally indifferent to selling at a break-even price).
