A morpheme may consist of a word, such as hand, or a meaningful piece of a word, such as the âed of looked, that cannot be divided into smaller meaningful parts. Another way in which morphemes have been defined is as a pairing between sound and meaning. We have purposely chosen not to use this definition.
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.
noun. The producer is in charge of financing a movie. The producer is in charge of financing a movie. The definition of a producer is someone who creates good and services or is in charge of coordinating all aspects of creating an entertainment performance.1  An example of producer is someone who is in charge of the financing of a play or movie.plural producers). ( 1 economics) An individual or organization that creates goods and services. 2  One who produces an artistic production like a CD, a theater production, a film, a TV program and so on. ( 3 biology) An organism that produces complex organic compounds from simple molecules and an external source of energy.