Concept
Version 5
Created by Boundless
Impacts of Price Changes on Consumer Surplus
Consumer Surplus
An increase in the price will reduce consumer surplus, while a decrease in the price will increase consumer surplus.
Source
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"All sizes | consumer-surplus-is-the-differnece-between-what-you-are-prepared-to-pay-and-what-you-end-up-paying | Flickr - Photo Sharing!."
http://www.flickr.com/photos/80666643@N00/4346865114/sizes/o/in/photostream/
Flickr
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