Identify the demand curve
Determine the market price
Find the quantity purchased at that price
Calculate the maximum price consumers are willing to pay for each unit up to that quantity
Compute the area between the demand curve and the market price line up to the purchased quantity
Use the formula: Consumer Surplus = Total willingness to pay − Total amount paid
For a linear demand curve, use the triangle formula: Consumer Surplus = 1/2 × base × height
