Consumer Surplus vs. Economic Surplus: What's the Difference?

 https://www.investopedia.com/ask/answers/041715/what-difference-between-consumer-surplus-and-economic-surplus.asp


Questions:

1) What is the difference between consumer surplus and producer surplus?

2) The examples of consumer and producer surplus

3) How do you calculate customer surplus?

Комментарии

  1. Дибиров А.Г.27 марта 2023 г. в 00:46

    2) Consumer surplus is the benefit or good feeling of getting a good deal. For example, let's say that you bought an airline ticket for a flight to Disney World during school vacation week for $100, but you were expecting and willing to pay $300 for one ticket. The $200 represents your consumer surplus.

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