Examlex
Public warehouses can provide a wide range of services.Which of the following is NOT one of the services offered by public warehouses?
Consumer Surplus
The discrepancy between what consumers are prepared and able to spend on a good or service and the actual amount they end up paying.
Price Falls
Situations where the market prices of goods or services decrease over time.
Surplus Increase
A scenario where the excess of supply over demand rises, indicating a larger availability of goods or services than there are consumers.
Consumer Surplus
The variance between the total sum consumers are ready and capable of paying for a product or service versus what they genuinely spend.
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