Global Water Forum
Global Water Forum
Consumer surplus
Consumer surplus is the difference between the amount a consumer is willing to pay for a resource and the price of the resource. It is equal to the shaded area underneath the demand curve and above the price.
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Uploaded on August 9, 2012
Taken on August 9, 2012
Consumer surplus
Consumer surplus is the difference between the amount a consumer is willing to pay for a resource and the price of the resource. It is equal to the shaded area underneath the demand curve and above the price.
3,545
views
0
faves
0
comments
Uploaded on August 9, 2012
Taken on August 9, 2012