redlobster99
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  • 01-05-2017
  • Business
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What does surplus mean in Economics?

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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
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