Consumer surplus and producer surplus figures are derived from demand and supply curve analysis. The demand curve shows how many quantities of a product consumers are willing to purchase at different ...

Paul Solman: Today’s Paul Samuelson excerpt explains the concept of “consumer surplus.” See the other transcripts we posted this week on the basics of economics here and here.) To Samuelson, it was ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. In mainstream economics, consumer surplus is the ...

Companies vary greatly in terms of their missions, strategic goals and product offerings, but every business has an underlying goal of generating surplus. Surplus is a concept in economics that ...