Examlex
Ridges of alluvium left along a stream's margins by repeated deposition during floods are called ____________________.
Consumer Surplus
The difference between the total amount that consumers are willing to pay and the total amount they actually pay.
Surplus I
A situation where the quantity supplied of a product exceeds the quantity demanded at the current price.
Consumer Surplus
The gap reflecting the difference between what consumers plan to pay for a good or service and what they pay in practice.
Surplus III
Excess of production or supply over demand in a market, leading to potential price reductions to clear the surplus stock.
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