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.

Gaetz

1. Means cool. also means strong and artistic. hey did you see that guy back there yeah, he must be a gaetz See strong, cool, artistic, ..

Zsew

1. The sound that is made from activating a Bogosian watch. Man, I feel like having sexual intercourse with Bogosian....ZSEW!..

Intervention Drunk

1. adj. A level of drunkeness acheived successive to shit-faced, wasted, hammered, smashed, etc... Side effects of intervention drunk may ..

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Consumer Surplus Edit Meaning