To determine the consumer surplus using the demand equation, you'll first need to establish the equilibrium price – the price where consumer demand is fully satisfied and all goods are sold.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. In economics, demand is the consumer's ...

The Linear Demand Function A linear demand function is an algebraic formula for calculating demand curves without having to draw a demand function graph.

Conventionally, the money demand function is estimated using a regression of the logarithm of money demand on either the interest rate or the logarithm of the interest rate. This equation is presumed ...