Related Experiment Video
Updated: May 21, 2026

16:17
The ITS2 Database
Published on: March 12, 2012
Abstract
No abstract available in PubMed .
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In microeconomics, consumer surplus represents the economic gain that consumers experience when they purchase a good or service for less than the highest price they are willing to pay. This surplus arises from the characteristics of the demand function, which links the quantity of a good to the price consumers are willing to pay. As the quantity of a good increases, the price that consumers are willing to pay for each additional unit typically decreases, resulting in a downward-sloping demand...
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