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What rhymes with surplus?

Updated: 8/19/2019
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11y ago

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ageless, aimless, aegis

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Q: What rhymes with surplus?
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Is surplus a homophone?

Yes, "surplus" is a homophone. The word "surplus" sounds the same as "surplice" when pronounced, but they have different meanings and spellings.


How are consumer surplus and producer surplus measured?

Consumer surplus and producer surplus are measured using the price applied. Consumer surplus is when a consumer pays a less amount than expected while producer surplus is when a product fetches more money that expected.


How consumers surplus is converted into producer surplus and vice versa in different market structure?

Once the supply is decreased, consumer surplus will decrease. Producer surplus will decrease as well because neither is at the equillibrium. There will be a surplus leftover after the price increases. Once the supply is decreased, consumer surplus will decrease. Producer surplus will decrease as well because neither is at the equillibrium. There will be a surplus leftover after the price increases.


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