SINCE 1828
consumer's surplus
noun
variants:
or less commonly consumer's rent
Definition of consumer's surplus
: the amount above the actual price of a commodity a purchaser would pay in order not to go without the commodity
Comments on consumer's surplus
What made you want to look up consumer's surplus? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
What did you just call me?! A Quiz
-
- If a member of the audience describes your speech as bombastic, does that person mean it is:
Test your visual vocabulary with our 10-question challenge!
TAKE THE QUIZ
Test Your Knowledge - and learn some interesting things along the way.
TAKE THE QUIZ
Share consumer's surplus
Resources for consumer's surplus