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:

Trend Analysis

A method of financial analysis that allows one to predict future movements based on historical data.

Cost Of Goods Sold

The expenses directly associated with the manufacturing of products sold by a business, which include the costs of both materials and labor.

Percentage Increase

A measure of how much a quantity has grown, expressed as a percentage of its previous value.

Financial Statement Analysis

The process of examining and interpreting a company’s financial statements to gauge its performance, strength, and profitability.