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.
producer. n. 1. a person or thing that produces. 2. (Theatre) Brit a person responsible for the artistic direction of a play, including interpretation of the script, preparation of the actors, and overall design. 3. (Theatre) US and Canadian a person who organizes the stage production of a play, including the finance, management, etc.. producer-something that produces; Maine is a leading producer of potatoes; this microorganism is a producer of disease. cause-events that provide the generative force that is the origin of something; they are trying to determine the cause of the crash.