Examlex
Which group of people is most at risk for developing thiamin deficiency?
Consumer Surplus
The gap between the total sum consumers are ready and able to spend on a good or service versus the total sum they actually spend.
Consumer Surplus
The difference between what consumers are willing to pay for a good or service relative to its market price, representing the economic benefit to consumers.
Demand Curve
A visual depiction that illustrates the correlation between a product's price and the amount consumers want to buy.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount that they actually do pay.
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