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.

Clamp

1. An all female Japanese manga creators. Often associated as God. Have you seen the newest comic from Clamp? OMGWTFBBQ!?!11 I didn&apo..

Higgo

1. A queer. Is that Higgo over there No, jus some random queer. YOUR SUCH A HIGGO Shutup, I'm not that gay!!!..

Quendel

1. A Quendel is homsexual male. Derived from the word queer. Mainly used as slang in Manchester. person A says: "dean is such a que..

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Consumer Surplus Edit Meaning