单词 | consumer surplus |
释义 | consumer surplusDefinition In economics, the satisfaction (utility) consumers receive for which they do not have to pay for. Or, in other words, amount of money by which consumers value a good or service over and above its purchase price. Use 'consumer surplus' in a SentenceIn economics, before we learned about supply and demand, we learned about consumer surplus and how it effected the marketplace. Some people will feel that there is a consumer surplus for certain products they buy that will keep them coming back. If there is a consumer surplus then it is time to put out even more of your product to take advantage of the times. |
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