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TeachMeFinance.com - explain Consumer surplus Consumer surplus The term 'Consumer surplus' as it applies to the area of reclamation can be defined as ' The value of a commodity, good, or opportunity above the cost to the consumer; measured using willingness to pay, as specified in Federal guidelines for water resources planning'. Previous 5 Terms: Consumer Price Index Consumer Price Index (CPI) Consumer Price Index (CPI-U) Consumer Self-Report Data Consumer subsidy equivalent (CSE) Next 5 Terms: Consumer Survey Data Consumer-oriented agricultural products Consumption per square foot consumptive use Consumptive water use About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.