consumer surplus
noun[UorC]
ukusECONOMICS
→buyer's surplus:
Theeconomicbenefittoindividualsis oftenmeasuredbyconsumersurplus.
Examplesofconsumer surplus
consumer surplus
The consumers primary goal is to maximizeconsumersurplus, i.e. purchase the product that best satisfies any combination of price and quality.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.An example of a good with generally highconsumersurplusis drinking water.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.This ignores theconsumersurplusgenerated by an efficient and effective government supplied infrastructure.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Soconsumersurpluswas recognised in an award for breach of contract.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The objective of a price skimming strategy is to capture theconsumersurplus.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Consumersurplusis the area between the price line and the demand curve.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These authors suggest that the price of software should be based on itsconsumersurplus.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Also,consumersurplusand producer surplus are the same under such an import quota and a tariff.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The difference between the value to the consumer and the market price is calledconsumersurplus.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The purpose of price discrimination is to transferconsumersurplusto the producer.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.