The highest-paid in the profession work in the metropolitan areas of San Francisco; New Bedford, Massachusetts; and the District of Columbia. Paralegals sometimes have overlapping duties with lawyers, but they make far less, bringing in an average salary of $51,170. In 2013, the highest-paid 10 percent of paralegals made about $76,960 less than the average lawyer ($131,990).
producer(Noun) One who produces an artistic production like a CD, a theater production, a film, a TV program and so on. producer(Noun) An organism that produces complex organic compounds from simple molecules and an external source of energy.
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.