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when there are too few items for the people who want to buy them

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12y ago

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What are the conditions under which surplus may exist?

The wet and cold weather conditions.


Does marginal surplus exist when consumers buy more products than socially optimal?

No


What correctly identifies a condition that must exist for a culture to be considered a civilization?

A surplus of food which can be diverted to support cultural activity.


Why does consumer surplus exist in a market for a good?

Consumer surplus exists in a market for a good because consumers are willing to pay more for a product than the actual price they end up paying. This difference between what consumers are willing to pay and what they actually pay creates a surplus value for consumers.


How would you describe a trade surplus?

In order to have a trade surplus, a country must export (sell) more tangible goods than it imports (buys). If the opposite were true, a trade deficit would exist.


What are the conditions under which surplus moisture may exist?

Surplus moisture may exist in soil when there is excessive rainfall or irrigation, poor drainage, compacted soil that inhibits water infiltration, or if the water table is too high. These conditions can lead to waterlogging, reduced oxygen levels in the soil, and increased susceptibility to root diseases in plants.


What is the acronym of surplus?

surplus


Does China have a trade surplus or a trade deficit?

surplus Quantify the surplus amount as in March 2011


What is landform of surplus farming?

Surplus farming is not a landform. A surplus is a quantity greater than required, it is possible to have a surplus from any fertile ground.


What is the analogy of surplus?

SURRENDER : OPPOSITION :: surplus :


Which causes the price of grain from the plains to fall?

A surplus in crops


Is surplus a homophone?

There is no homophone for the word surplus.