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When an Object Touches Baby Geraldine's Palm, She Closes Her

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When an object touches baby Geraldine's palm, she closes her fist tightly around it if the object is lifted up, Geraldine hangs on and is lifted up with it. Geraldine is demonstrating:


Definitions:

Consumer Surplus

The gap between what consumers are ready to pay in total and what they end up actually paying.

Consumer Surplus

The distinction between the total cost consumers are willing to offer for a good or service and the amount they eventually pay.

Surplus II

An excess amount of a product or resource compared to the demand, often resulting in lower prices.

Surplus III

An excess of production or supply over demand, often referring to goods in a market that exceed buyer requirements.

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