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    Consumer Surplus

    Uploaded by

    Asad Muhammad
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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    CONSUMER SURPLUS:

    The difference between the maximum price a consumer is willing to


    pay and the actual price they do pay.

    Source: Boundless. The Demand Curve and Consumer Surplus. Boundless


    Economics. Boundless, 21 Jul. 2015. Retrieved 30 Mar. 2016
    from https://www.boundless.com/economics/textbooks/boundless-economicstextbook/economic-surplus-4/consumer-surplus-50/the-demand-curve-and-consumersurplus-192-12290/

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