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Line 1: − #REDIRECT [[Consumer surplus]]+ + + + +
Reverted edits by AHarazad (Talk); changed back to last version by Iduan
'''Consumer surplus''' is the net benefit a consumer obtains from buying a good. In supply and demand models, consumer surplus is represented as the value (price times quantity) captured above the price level but below the demand curve.
The [[social loss]] caused by a [[monopoly]] is the lost consumer surplus.
[[Category:Economics]]