💡 Words with a Similar Meaning to "Consumer surplus"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| producer surplusnoun | The difference between the minimum amount a producer is willing to accept for a product (based on the cost of production) and the current market price. |
| demandnoun | The desire to purchase goods and services. |
| trade surplusnoun | (economics) A positive balance of trade. |
| consumernoun | (economics) Someone who trades money for goods or services as an individual. |
| consumer price indexnoun | (economics) A statistical estimate of the level of prices of goods and services bought for consumption purposes by households. |
| demand curvenoun | (economics) A graph depicting the relationship between the price of a certain commodity and the amount of it that consumers are willing and able to purchase at that given price. |
| superior goodnoun | (economics) A good that makes up a larger proportion of consumption as income rises, having income elasticity greater than one. |
| equilibrium pricenoun | (economics) The price of a commodity at which the quantity that buyers wish to buy equals the quantity that sellers wish to sell. |
| market pricenoun | (economics) The price at which a product, financial instrument, service or other tradable item can be bought and sold at an open market; the going price. |
| consumer goodnoun | (business, marketing, chiefly in the plural) Goods that are meant to be sold to consumers or end-users. |
| natural pricenoun | (economics) A price for a good or service that is equal to the cost of production, augmented by the average profit rate. |
| purchasing powernoun | (economics) The amount of goods and services that can be bought with a unit of currency. |
| consumerismnoun | A materialistic attachment to possessions with a heavy use of consumables; a lifestyle based on such tendencies. |
| transaction utilitynoun | (economics, marketing) The perceived value of getting a good deal; the difference between the amount paid and a notional reference price. |
| surplus valuenoun | (especially Marxism and Marxian economics) The part of the new value made by production that is taken by enterprises as generic gross profit. |
| agricultural surplusnoun | An agricultural production that exceeds the needs of the society for which it is being produced, and may be exported or stored for future times. |
| offer curvenoun | (economics) A theoretical economic curve that shows the quantity of one type of product that an agent will export for each quantity of another type of product that it imports. |
| supply curvenoun | (economics) the graph depicting the relationship between the price of a certain commodity and the amount of it that producers are willing and able to supply at that given price |
| market equilibriumnoun | (economics) A condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers. |
| bliss pointnoun | The amount of an ingredient (such as salt, sugar, or fat) that optimizes palatability. |
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