redlobster99
redlobster99 redlobster99
  • 01-05-2017
  • Business
contestada

What does surplus mean in Economics?

Respuesta :

Аноним Аноним
  • 01-05-2017
A surplus is used to describe many excess assets including income, profits, capital and goods. A surplus often occurs in a budget, when expenses are less than the income taken in or in inventory when fewer supplies are used than were retained. Economic surplus is related to supply and demand
Answer Link

Otras preguntas

What do you mean by corrosion? How can you prevent it?
Any number that is divisible by 3 is also divisible by 9.Find a counterexample to show that the conjecture is false.18274548
What is a Mandala Autobiography?
2(n-3)=4n+1 this sucks not knowing the answer
How many eights are there in 6 1/2
How many eights are there in 6 1/2
A transformer has a primary coil with 600 turns and a secondary coil with 300 turns. If the output voltage is 320 volts, what is the input voltage?A. 8 volts
what city is located 60 north 25 east
Which statement is NOT true?A.  If two coplanar lines do not intersect, then the lines are parallel.B. Two lines lie in one plane and do not intersect if and on
What is the difference between displacement and double displacement reactions?Write equations for these reactions?