Figure 9-9 
-Refer to Figure 9-9.Consumer surplus in this market after trade is
Definitions:
Consumer
A person or collective who buys products or services for their own consumption.
Diminishing Marginal Utility
The principle that as a person consumes more of a product, there is a decline in the additional satisfaction or utility that person derives from consuming one more unit of the product.
Total Utility
The total satisfaction received by a consumer from consuming a particular quantity of goods or services.
Nth Unit
A term referring to the last or latest unit produced or consumed, often used in economics to analyze marginal costs or benefits.
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