Social Sciences, asked by saishruthikamudem, 3 months ago

what is surplus ?
please tell the answer who knows it.​

Answers

Answered by priyadarsini33
4

Answer:

an amount that is extra or more than you need

Answered by jeffrinesujan2020
2

Answer:

A surplus occurs when the quantity supplied of a good exceeds the quantity demanded at a specific price. ... A shortage, also called excess demand, is the amount by which the quantity of a good demanded by consumers is greater than the quantity supplied by producers and occurs when prices are below the equilibrium price.

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