The meaning and cause of consumer surplus, a worked calculation, how it appears under a demand curve, producer surplus, its uses and limits, and consumer sovereignty with the factors that weaken it.
In these notes
- Consumer surplus
- On a diagram
- Consumer sovereignty
- What limits consumer sovereignty
Revision notes come with the Complete plan
Complete gives you mock exams, revision notes, the curriculum checklist and past papers, as well as every practice question with its explanation. ₦10,000 a month, or ₦108,000 a year.