Surplus Is

question 53

Multiple Choice

Surplus is:

• A) a measure of the value that buyers and sellers get from participating in a market
• B) maximized for individuals whose reservation price equals the market price.
• C) negative for those who do not participate in a market.
• D) All of these are true.

---

Definitions:

Data Labels

Text or symbols that provide information about individual data points in charts or graphs.

Dollar Amounts

Numeric values representing quantities of money, denoted by symbols or codes indicating national or regional currencies.

Data Source

The origin from which data is obtained, such as a database, a file, or an external device, for use in analysis or processing.

Shape Style

A set of predefined formatting options in graphic design software that can be applied to shapes, including colors, outlines, and effects.