Question

Define the term surplus​

Answer 1

Answer:

Surplus is used to describe many excess assets including income, profits, capital, and goods. A surplusoften occurs in a budget, when expenses are less than the income taken in or in inventory when fewer supplies are used than were retained. Economicsurplus is related to supply and demand.

Answer 2

HERE IS YOUR ANSWER

surplus is used to describe many excess assets including income, profits, capital and good.....

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