Examlex
What contribution can political science make to the debate about reforming the civil legal system?
Consumer Surplus
The discrepancy between what consumers are prepared and able to spend on a good or service and the actual amount they end up paying.
Price Falls
Situations where the market prices of goods or services decrease over time.
Surplus Increase
A scenario where the excess of supply over demand rises, indicating a larger availability of goods or services than there are consumers.
Consumer Surplus
The variance between the total sum consumers are ready and capable of paying for a product or service versus what they genuinely spend.
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