What does Consumer Surplus mean?
The difference between the highest price a consumer is willing to pay and the actual price paid.
When prices fall, the consumer surplus increases.
Consumer Surplus in German, French, Spanish and Italian
GermanKonsumentenrente
Vorteil des Käufers, wenn er weniger zahlt als er bereit wäre.
FrenchSurplus du consommateur
Différence entre le prix maximum accepté et le prix payé.
SpanishExcedente del consumidor
Beneficio del comprador por pagar menos de su precio máximo.
ItalianSurplus del consumatore
Vantaggio monetario per chi acquista un bene a un prezzo inferiore al desiderato.
Common phrases with Consumer Surplus
- increase consumer surplus
- market price consumer surplus
- benefit consumer surplus