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Bible Dictionaries
Consumer's Surplus

Webster's Dictionary

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The excess that a purchaser would be willing to pay for a commodity over that he does pay, rather than go without the commodity; - called also consumer's rent.

Bibliography Information
Webster, Noah. Entry for 'Consumer's Surplus'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​c/consumers-surplus.html. 1828.
 
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