Economy, asked by enriquezmercedes, 10 hours ago

Make a reaction paper about consumer surplus and related absurdities and do you agree or not agree based on your personal experience knowledge

Answers

Answered by chaitanya266550

Explanation:

What Is Consumer Surplus?

Consumer surplus is an economic measurement of consumer benefits. A consumer surplus happens when the price that consumers pay for a product or service is less than the price they're willing to pay. It's a measure of the additional benefit that consumers receive because they're paying less for something than what they were willing to pay.

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