Consumer Surplus Calculator Tool

Consumer Surplus Calculator

Consumer Surplus Calculator

Parameter Description Example Value
Maximum Price Willing to Pay The highest price a consumer is willing to pay for a product. $100
Market Price The actual price of the product in the market. $70
Quantity Purchased The number of units purchased at the market price. 3 units
Consumer Surplus The total benefit consumers receive from purchasing a product for less than the maximum price they are willing to pay ((Maximum Price Willing to Pay – Market Price) * Quantity Purchased). $90

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