Consumer Surplus

What is Consumer Surplus?


1.

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.


16

Random Words:

1. A large vagina, that is loose due to a lot of sex with large black men. "I got so lost in that vandeputte that I didn't even ..
1. Irish-American rock-punk-folk-reggae band out of NYC. We saw Black 47 at Connolly's Pub last weekend...
1. iphone or other itouch like device hey joe! give me your iYut See iphone, iyut, itouch, phone, mp3, mp3 player, mac, apple..