The author claimed the famous pilot survived a Pacific Ocean plane crash and was taken prisoner by the Japanese. At the end of World War II, U.S. forces purportedly found her in Japan and secretly repatriated her to New Jersey. There, Earhart took the name Irene Bolam and became a banker.
What is the Producer Price Index (PPI)? The Producer Price Index represents a family of indices that measures the average change over time in the selling prices received by domestic producers of goods and services.
Definition of 'Producer Surplus'. Definition: Producer surplus is defined as the difference between the amount the producer is willing to supply goods for and the actual amount received by him when he makes the trade. Producer surplus is a measure of producer welfare. It is shown graphically as the area above the supply curve and below the equilibrium price. Here the producer surplus is shown in gray. As the price increases, the incentive for producing more goods increases, thereby increasing the producer surplus.