Another Name for a Surplus Is

question 399

Multiple Choice

Another name for a surplus is

• A) excess quantity supplied.
• B) excess quantity demanded.
• C) equilibrium.
• D) market clearing.

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Definitions:

Individualism

A theory promoting individual liberty over governmental or group restrictions.

Privacy

The state or condition of being free from unauthorized intrusion or disclosure of personal information.

Indirect Communication

A way of conveying a message in a non-direct manner, often through implication or suggestion.

Ethical Messages

Communications that adhere to moral principles and professional standards, ensuring honesty and integrity.