Consumer's surplus/Definition: Difference between revisions
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imported>John Dvorak m (Template:Def Consumer's surplus moved to Consumer's surplus/Definition: Moving_definition) |
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The excess of the amount that a consumer would be willing to pay for a product over its market price (see [[supply and demand]]) | The excess of the amount that a consumer would be willing to pay for a product over its market price (see [[supply and demand]]) | ||
Revision as of 21:18, 22 May 2008
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Consumer's surplus [r]: The excess of the amount that a consumer would be willing to pay for a product over its market price (see supply and demand)