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The amount a seller receives for a good minus the minimum amount he/she is willing to accept, is referred to as:_______

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The amount a seller receives for a good minus the minimum amount he/she is willing to accept is referred to as Producer surplus.

Producer surplus is the distinction between how a lot a person would be inclined to accept for a given quantity of an excellent as opposed to how a great deal they could receive by way of promoting the good on the market price. The difference or surplus amount is the benefit the manufacturer receives for promoting the coolest in the marketplace.

A consumer surplus happens while the rate that clients pay for a product or service is less than the charge they're willing to pay.

Producer surplus is the quantity a seller is paid for an amazing minus the vendor's price. It measures the benefit to sellers taking part in a market.

Learn more about Producer surplus here: https://brainly.com/question/24212771

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