The difference between the highest price a consumer is willing to pay for a good and the price the consumer actually pays is called

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asked Apr 1, 2018 126k views

2 Answers

Gareth Wilson · Answer 1 · 2018-04-02T13:46:29+0000

Consumer Surplus

The difference between the highest price a consumer is willing to pay for a good and the price the consumer actually pays is called