Ch14
Consumer Surplus. Monetary Measures of Gains-to- Trade Basic idea of consumer surplus: We want a measure of how much a person is willing to pay for.
Chapter Fourteen Consumer’s Surplus. Monetary Measures of Gains-to- Trade You can buy as much gasoline as you wish at $1 per gallon once you enter the.
Welfare measures: CS, CV, EV and PS (Course Micro-economics) Ch 14 Varian Teachers: Jongeneel/Van Mouche.
