ZOMG MICRO ECONOMICS WTFFFF

[NT!]

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consumer surplus is when someone buys a product for $5 dollars that they value at 6 dollars. they have a surplus of 1 dollar.
producer surplus is when someone sells something for 5 dollars they value at 3 dollars.
Essentially, society (consisting only of buyer and seller) has gained 3 dollars worth of utility from this transaction. thus, there is a social surplus.

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yeah that's what i thought it was, the other way you explained it sounded kinda weird

honestly i was expecting photochops of milton friedman secksing penguins ITT but this is cool too