Which is the closest synonym for the word surplus, as it is used in the article?A.developmentB.oversupplyC.scarcityD.selection
Question
Which is the closest synonym for the word surplus, as it is used in the article?A.developmentB.oversupplyC.scarcityD.selection
Solution
The closest synonym for the word "surplus" as it is used in the article is "oversupply".
Similar Questions
Another way to describe consumer surplus is
Which of the following are the words most commonly used by economists?a.supply and demandb.surplus and shortagec.price and quantityd.scarcity and human wants
An economy is said to be in a trade surplus when its __________a.exports surpasses importb.import surpasses exportc.export equals importd.none of the above
onsumer surplus plus producer surplus is equal to:willingness-to-sell.marginal cost.total surplus.willingness-to-pay.
Which two words are the closest synonyms? HINTA.bartering and purchasingB.reliance and dependenceC.cultivating and exportingD.bounty and shortage
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.