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consumer surplus
con·sum·er sur·plus


noun 
Definition:
 
difference between consumer benefit and cost: the difference between the total value consumers receive from consuming a particular product and the total amount they pay for it.
See also  producer surplus
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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