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How to Calculate Consumer Surplus
5:18
YouTubeFree Econ Help
How to Calculate Consumer Surplus
This movie describes what consumer surplus is, and how to calculate it with various changes in price, demand, and supply. More information can be found at: https://www.freeeconhelp.com/2011/09/what-is-consumer-surplus-and-how-to.html To summarize consumer surplus is equal to the area underneath the demand curve but above the market price ...
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