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Surplus amount refers to the excess of resources, income, or goods beyond what is necessary or required. In finance, it often denotes the difference between revenues and expenses when revenues exceed expenses, indicating a positive financial position. In economic terms, it can also refer to the additional quantity of a product that exceeds the demand at a given price. Essentially, a surplus signifies abundance in a particular context.
What else can I help you with?
Does China have a trade surplus or a trade deficit?
surplus Quantify the surplus amount as in March 2011
How the deadweight loss influence the consumer surplus and producer surplus?
Deadweight loss reduces the amount of consumer and producer surplus.
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.
What does producer surplus equal?
The total producer surplus is what is left after you subtract the total variable cost from the total revenue. It is the amount of all the producer surplus for each product sold.
What is customer surplus and producer surplus?
Consumer surplus is the difference between the maximum amount a person is willing to pay for a good and its current market price. Producer surplus is the difference between the current market price and the full cost of production for the firm.
What is the formula for calculating surplus?
Surplus = Amount available - Amount required.
Does China have a trade surplus or a trade deficit?
surplus Quantify the surplus amount as in March 2011
What is the difference between reserves and surplus?
A reserve is a planned amount, a surplus is unplanned.
What is the definition of consumer surplus?
Consumer surplus is the amount a buyer is willing to pay minus the amount the buyer actually pays.
What is an amount over and above?
surplus
How the deadweight loss influence the consumer surplus and producer surplus?
Deadweight loss reduces the amount of consumer and producer surplus.
What is a surplus crop?
there is no such a thing as crop surplus but there is surplus crop which means the stored crops.
What is another term for surplus?
Extra amount
What is a amount that is more than needed?
surplus
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.
What is another word for excess or extra amount?
surplus
What is the meaning of reserves and surplus?
Amount appropriated out of earned surplus (retained earnings) for future planned or unforeseen expenditure.
