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.
Random Words:
1.
A phrase used to end a conversation after it has been going on for exactly 14 minutes and 32 seconds.
Person A, 14:08 in: And then I wa..
1.
Adverb form of lesbian
she had lesbianistic tendancies..
