- 1. A race to be run by the produce of horses named or described at the time of entry. PRODUCER'S GOODS Pro*duc"er's goods. (Polit. Econ.) Goods that satisfy wants only indirectly as factors in the production of other goods, such as tools and raw material; -- called also instrumental goods, auxiliary goods, intermediate goods, or goods of the second and higher orders, and disting. from consumers' goods. PRODUCER'S SURPLUS; PRODUCER'S RENT Producer's surplus. (Polit. Econ.) Any profit above the normal rate of interest and wages accruing to a producer on account of some monopoly (temporary or permanent) of the means or materials of production; -- called also Producer's rent. Source: webster
- 2. A race to be run by the produce of horses named or described atthe time of entry. Source: adambom
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produce race
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goodsproduceproductioncalleddescribedentryhorsesnamedracerentrunsurplustimeproduceraboveaccountaccruingauxiliaryconsumersfactorshigherindirectlyinstrumentalinterest
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