Bible Dictionaries
Consumer's Surplus
Webster's Dictionary
The excess that a purchaser would be willing to pay for a commodity over that he does pay, rather than go without the commodity; - called also consumer's rent.
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Bibliography Information
Webster, Noah. Entry for 'Consumer's Surplus'. Noah Webster's American Dictionary. https://www.studylight.org/dictionaries/eng/web/c/consumers-surplus.html. 1828.