Question

Explain the concept of consumer surplus​

Answer 1

Answer:

Definition: Consumer surplus is defined as the difference between the consumers' willingness to pay for a commodity and the actual price paid by them, or the equilibrium price.

Explanation:

Answer 2

Answer:

difference between the consumers' willingness to pay for a commodity and the actual price paid by them, or the equilibrium price.

Explanation:

i got you :D