Examples of 'consumer surplus' in a sentence
Meaning of "consumer surplus"
Consumer surplus refers to the economic concept of the additional value or benefit that consumers receive when they are able to purchase a good or service at a price lower than the maximum they are willing to pay. It represents the difference between the actual price paid and the maximum price the consumer would have been willing to pay
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- The satisfaction that a consumer gets from the price they paid compared to what they were willing to pay over and above the current price, i.e. the difference between what they paid and what they were willing to pay.
How to use "consumer surplus" in a sentence
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consumer surplus
Increase in consumer surplus due to trade facilitation.
I have eaten into the consumer surplus.
The consumer surplus can be represented by.
Use the tools of consumer surplus and.
The consumer surplus is captured entirely by the producer.
A general term may be consumer surplus bias.
Consumer surplus in terms of indifference curves.
Price discrimination may improve consumer surplus.
The amount of consumer surplus being created is undeniable.
This saving of consumers is known as consumer surplus.
A loss in consumer surplus obviously means consumers are worse off.
The yellow area is the consumer surplus.
What is the consumer surplus and the producer surplus.
Price discrimination and capturing consumer surplus.
Impact on consumer surplus only.
See also
Each consumer has a different consumer surplus.
The consumer surplus is measured by.
The blue area represents consumer surplus.
The consumer surplus is being minimised.
The yellow triangle is the consumer surplus.
The consumer surplus is based on an economic theory of marginal utility.
The reasons behind forgone consumer surplus.
Consumer surplus would increase.
So we do not need to include consumer surplus in our analysis.
Consumer surplus is maximized if production takes place where it is most efficient.
The third term is consumer surplus.
Our consumer surplus is where things get a little bit interesting.
And so if you want to know the consumer surplus.
Then consumer surplus is.
This produced what economists call a consumer surplus.
Consumer surplus for the single day ahead or intraday coupling.
Differential pricing could end the consumer surplus.
The consumer surplus is.
The lower price will increase consumer surplus.
O consumer surplus of visitors.
The red triangle is a consumer surplus.
Consumer surplus measures the difference between the maximum amount.
Receive the maximum consumer surplus.
The consumer surplus and the producer surplus are also cut short.
Demand and consumer surplus.
See our argument above on the evaporation of consumer surplus.
Examine the consumer surplus.
The answer could be found in the concept of consumer surplus.
Total surplus is the sum of consumer surplus and producer surplus.
The difference between the two prices is the consumer surplus.
Meaning of consumer surplus.
The yellow triangle in the above graph represents consumer surplus.
It decreases consumer surplus.
The reason for doing this is to capture all of the consumer surplus.
Total economic use value is consumer surplus plus the costs of participation.
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Examples of using Surplus
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Owned by a charitable trust surplus distributed to charity
