Word:

Consumer's surplus

consumer's rent.
The price which a person pays for a thing can never exceed, and seldom comes up to, that which he would be willing to pay rather than go without it. . . . The excess of the price which he would be willing to pay rather than go without it, over that which he actually does pay, is the economic measure of this surplus satisfaction. It has some analogies to a rent; but is perhaps best called simply consumer's surplus.
- Alfred Marshall.
1.(Polit. econ.) The excess that a purchaser would be willing to pay for a commodity over that he does pay, rather than go without the commodity; - called also
Browse
Consulting physician
consulting service
Consultive
Consumable
Consume
consumed
Consumedly
Consumer
consumer credit
consumer durables
consumer finance company
consumer goods
consumer loan
consumer price index
consumer research
Consumer's goods
-- Consumer's surplus --
consumerism
consuming
Consumingly
Consummate
consummated
Consummately
Consummation
Consummation of marriage
Consummative
Consumption
Consumption of the bowels
consumption weed
Consumptive
Consumptively
Consumptiveness
Contabescent
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