What is Consumer Surplus? | Think Econ | Microeconomic Concepts
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What is Consumer Surplus? | Think Econ | Microeconomic Concepts
Have you ever wondered to yourself: "What is Consumer Surplus?" In this video we explain what Consumer Surplus is, how you can calculate Consumer Surplus, and what it looks like on a Supply and Demand graph. In the near future we will go over an algebraic solution to show you exactly how to calculate consumer surplus given the demand and supply ...
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