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


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 ...


Consumer surplus is an economic measure of consumer benefit, which is calculated by analyzing the difference between what consumers are willing and able ...


Consumer surplus as difference between marginal benefit and price paid.


Consumer surplus is derived whenever the price a consumer actually pays is less than they are prepared to pay. A demand curve indicates what price ...


The difference between the maximum price that consumers are willing to pay for a good and the market price that they actually pay for a good is referred to as t.


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 ...

Aug 21, 2008 ... consumer surplus.
Jan 22, 2009 ... Consumer Surplus, Artificial shortage, Prices, Economics, Microeconomics http:// www.MyBookSucks.Com "Party More Study Less"