Consumer surplus

{
  "id": "MLC-T-AGR-001502",
  "term": "Consumer surplus",
  "field": "Agriculture and food",
  "definition": "In economics, the difference between the price that a consumer pays for a good or a service and the amount that he would be willing to pay rather than be deprived of the good or service.",
  "subject": "Economics, Trade, Law, Business, Industry",
  "see_also": [
    "econometrics",
    "consumer economics"
  ],
  "references": [
    "Schwarz, Charles F.; Thor, Edward C.; Elsner, Gary H. 1976. Wildland planning glossary. Gen. Tech. Rep. PSW-13. Berkeley, Calif.: U.S. Department of Agriculture, Forest Service, Pacific Southwest Forest and Range Experiment Station",
    "NAL Agricultural Thesaurus and Glossary"
  ],
  "translations": {
    "es": "excedente del consumidor"
  },
  "url": "https://mlchart.com/terminology/agriculture/consumer-surplus/"
}