Consumer Surplus

What is Consumer Surplus?

an economic term for the benefit you get (or retain) when you obtain something for less than you think it is really worth.

I got a new Gizmondo for 100 pounds and I would have paid up to 200 so I had a lot of consumer surplus.

That company has a monopoly so they jack up the prices to erode my consumer surplus.

Doofcake

1. Noun, a person who resembles a doofus to a great extent. Also see: doof Karisa is quite a doofcake, I mean who calls John hatch...

Blitz Gun

1. gun used for killing people F the glits and glama, hit them with the blitz and hammer 2. The shotgun from Ratchet and Clank's se..

Uncommon Sense

1. Because Common Sence is no longer common, this is the new and correct phrase for "Common Sense". See: dumbass, moron "Ma..

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Consumer Surplus Edit Meaning