Question

What do you mean by surplus?
How is surplus product sold in the
market of Palampur village?
...
plz plzz answer this ! ​

Answer 1

Explanation:

Surplus is the excessive amount of production produced by the farmers. Farmer's excessive production is sold in the market and the profit is gained. This profit is called surplus. The farmers use the surplus as capital for the next harvest.

Answer 2

Answer:

A surplus describes the amount of an asset or resource that exceeds the portion that's actively utilized. A surplus can refer to a host of different items, including income, profits, capital, and goods. In the context of inventories, a surplus describes products that remain sitting on store shelves, unpurchased