The area below the demand curve and above the price line measures:

Name: The area below the demand curve and above the price line measures:
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The area below the demand curve and above the price line represents the amount that consumers are willing to pay for a product but did not have to, due to the lower actual price. This is known as consumer surplus, which is the difference between what consumers are willing to pay and what they actually pay.

The Area Below the Demand Curve and Above the Price