Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.



Tags
#cfa #economics #surplus
Question
Consumer surplus or consumers' surplus is the [...] obtained by consumers because they are able to purchase a product for a price that is less than the highest price that they would be willing to pay.
Answer
monetary gain

Tags
#cfa #economics #surplus
Question
Consumer surplus or consumers' surplus is the [...] obtained by consumers because they are able to purchase a product for a price that is less than the highest price that they would be willing to pay.
Answer
?

Tags
#cfa #economics #surplus
Question
Consumer surplus or consumers' surplus is the [...] obtained by consumers because they are able to purchase a product for a price that is less than the highest price that they would be willing to pay.
Answer
monetary gain
If you want to change selection, open original toplevel document below and click on "Move attachment"

Parent (intermediate) annotation

Open it
Consumer surplus or consumers' surplus is the monetary gain obtained by consumers because they are able to purchase a product for a price that is less than the highest price that they would be willing to pay.

Original toplevel document

Economic surplus - Wikipedia, the free encyclopedia
ing consumer (red) and producer (blue) surpluses on a supply and demand chart In mainstream economics, economic surplus, also known as total welfare or Marshallian surplus (named after Alfred Marshall), refers to two related quantities. <span>Consumer surplus or consumers' surplus is the monetary gain obtained by consumers because they are able to purchase a product for a price that is less than the highest price that they would be willing to pay. Producer surplus or producers' surplus is the amount that producers benefit by selling at a market price that is higher than the least that they would be willing to sell for; this is rou

Summary

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

Details

No repetitions


Discussion

Do you want to join discussion? Click here to log in or create user.