Consumer surplus/Definition: Difference between revisions
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imported>Nick Gardner (New page: The excess of what a consumer is willing to pay for a product over what he has to pay for it.) |
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The excess of what a consumer is willing to pay for a product over what he has to pay for it. | The excess of what a consumer is willing to pay for a product over what he has to pay for it. | ||
Latest revision as of 21:18, 22 May 2008
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Consumer surplus [r]: The excess of what a consumer is willing to pay for a product over what he has to pay for it.