"Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species."

Surplus

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About Alfred Marshall

Alfred Marshall was an English economist whose work helped shape modern microeconomics. His book Principles of Economics became one of the most influential economics texts of its era and formalized key ideas on supply, demand, and marginal analysis. He was born on July 26, 1842, and died on July 13, 1924.

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