Examlex
The basic distinction between Wundt's and Brentano's systems was that the former's was experimental and the latter's was empirical.
Surplus III
An excess of production or supply over demand, often referring to goods in a market that exceed buyer requirements.
Consumer Surplus
The distinction between the price consumers are inclined to pay for a product or service and what they ultimately pay.
Surplus II
The condition where the quantity supplied of a good exceeds the quantity demanded, causing downward pressure on the market price.
Equilibrium Price
The cost at which the amount of products available for sale matches the volume of products consumers want to buy.
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