Browse the glossary using this index

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL

Page:  1  2  3  4  5  6  7  8  9  10  ...  30  (Next)
  ALL

$

$4 and $3

If the customer values a pint of Jane’s beer at $9 and pays $5 for it, they have ‘saved’ $4 that they would have happily spent. This is their consumer surplus.




Page:  1  2  3  4  5  6  7  8  9  10  ...  30  (Next)
  ALL