Question

define the consumer surplus?

Answer 1

consumer surplus means when the consumer is ready to pay more then thier rate

Answer 2

⚡Hey mate,⚡

⚡Here is your answer⚡

Consumer surplus is defined as the difference between the total amount that consumers are willing and able to for a good or services ( indicated by the demand curve ) and the total amount that they actually do pay ( i.e. the market price ).......

---------------------------------------------------------

Hope it helps you......❤❤