Question

what is consumer surplus ​

Answer 1

Explanation:

Consumer Surplus is the difference between the price that consumers pay and the price that they are willing to pay. On a supply and demand curve, it is the area between the equilibrium price and the demand curve

For example, if you would pay 76p for a cup of tea, but can buy it for 50p – your consumer surplus is 26p

Answer 2

$\huge{\blue{\pink{Answer}}}$

Consumer surplus is defined as the difference between the consumers' willingness to pay for a commodity and the actual price paid by them, or the equilibrium price.

$\bold{\purple{\fbox{\red{Please Thank it}}}}$

$\bold{\purple{\fbox{\green{Hope it helps you}}}}$

$\bold{\purple{\fbox{\blue{Please Mark as brainliest}}}}$