Many of the European thinkers of the Enlightenment period were greatly influential to the Founding Fathers, especially Jefferson, who used Locke's ideas when writing the Declaration of Independence.
Answer: consumer surplus
Explanation:
The difference between the maximum amount a person is willing to pay for a given quantity of a good and the amount actually paid for that quantity is known as consumer surplus. On a supply and demand curve, it is the area between the equilibrium price and the demand curve. For example, if you would pay 76 dollars for a cup of tea but can buy it 50 dollars, your consumer surplus is 26 dollars
Adam Smith would most likely oppose a plan for government bailouts for failing corporations. *
