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.

Haggerd

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Hexiddy

1. This is an intensifier, commonly referring to a great number of a thing or a great intensity of an experience. This is an alternate for..

Duck's Ass

1. A way of combing your hair in the back. Instead of combing your hair straight down in the back, you would comb both sides in towards the..

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Consumer Surplus Edit Meaning