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Consumer Surplus
An economic measure of consumer satisfaction, which is calculated by analyzing the difference between what consumers are willing to pay for a good or service relative to its market price. A consumer surplus occurs when the consumer is willing to pay... More »
What Is Consumer Surplus?
"Consumer surplus" is term used in economics to express the difference between how much a consumer paid for a good or service and how much extra he would have been willing to pay for that good or service.... More »
Difficulty: Easy
Source: www.ehow.com

en.wikipedia.org/wiki/Economic_surplus

Consumer surplus is the difference between the maximum price a consumer is willing to pay and the actual price they do pay.

www.investopedia.com/terms/c/consumer_surplus.asp

An economic measure of consumer satisfaction, which is calculated by analyzing the difference between what consumers are willing to pay for a good or service ...

www.tutor2u.net/economics/reference/consumer-surplus

What is consumer surplus? When there is a difference between the price that you pay in the market and the value that you place on the product, then the ...

www.khanacademy.org/economics-finance-domain/microeconomics/consumer-producer-surplus/consumer-producer-surplus-tut/v/consumer-surplus-introduction

Consumer surplus as difference between marginal benefit and price paid.

www.khanacademy.org/economics-finance-domain/microeconomics/consumer-producer-surplus

Consumer and producer surplus. Lessons. Consumer and producer surplus. Deadweight loss. Public goods and externalities. Bonus articles: Pollution as a ...

economictimes.indiatimes.com/definition/consumer-surplus

Definition: Consumer surplus is defined as the difference between the consumers ' willingness to pay for a commodity and the actual price paid by them, or the ...

www.cliffsnotes.com/study-guides/economics/theory-of-the-consumer/consumer-surplus

The difference between the maximum price that consumers are willing to pay for ... The determination of consumer surplus is illustrated in Figure , which depicts ...

www.economist.com/blogs/freeexchange/2013/03/technology-2

Mar 11, 2013 ... This week's Free exchange column discusses attempts to measure the consumer surplus generated by the internet (summary here). We are ...