Definition of Consumer Surplus - Economics Help
https://www.economicshelp.org/blog/188/concepts/definition-of-consumer-surplus/
Jan 11, 2018 · Consumer Surplus is the difference between the price that consumers pay and the price that they are willing to pay. On a supply and demand curve, it is the area between the equilibrium price and the demand curve. For example, if you would pay 76p for a cup of tea, but can buy it for 50p – your consumer surplus is 26p.
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