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Liula [17]
3 years ago
10

What does surplus mean in Economics?

Business
1 answer:
jenyasd209 [6]3 years ago
6 0
A surplus<span> is used to describe many </span>excess<span> assets including income, profits, capital and goods. A </span>surplus<span> 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. </span>Economic surplus<span> is related to supply and demand</span>
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