Examlex
Find the reference angle for .
Import
Goods or services that come into a country from abroad for sale.
Consumer Surplus
The difference between the maximum price a consumer is willing to pay for a product and the actual price they do pay.
Producer Surplus
The difference between the amount producers are willing to accept for a good or service and the actual amount they receive, due to market prices being higher.
Total Benefits
The complete set of advantages, monetary or otherwise, received from the consumption or use of a good or service.
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