How It Works

Step 1: Access the Consumer Surplus Calculator
Open the economics calculator interface.

Step 2: Input Equilibrium Price, Maximum Price, and Equilibrium Quantity
Enter the market price, the highest price consumers would pay, and the quantity sold.

Step 3: Click the Calculate Button
Press 'Calculate Surplus'.

Step 4: Review the Consumer Surplus Value
The tool will display the monetary benefit received by consumers.