A signiﬁcant amount of positive consumer surplus is the reason why sometimes a shopper regrets
having bought a particular item.

Question

Quizplus · Accepted Answer

Consumer surplus represents the difference between what consumers are willing to pay for a good or service and what they actually pay. A significant amount of positive consumer surplus typically indicates that consumers are getting a good deal, which is not a reason for regretting a purchase. Regret usually stems from negative experiences or perceptions post-purchase, not from obtaining a good deal.

A Signiﬁcant Amount of Positive Consumer Surplus Is the Reason