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Which point on the graph indicates a surplus production of shampoo?

Which point on the graph indicates a surplus production of shampoo?-example-1
User SpiritBob
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2 Answers

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Hi there.

Please note that I've no prior experience with questions like theses. I am merely guessing.

If you look at the graph, you see that point D is the farthest away from the rest of the points. As far as I know this would indicate a surplus in production.

I hope this helps you!
User Hofshteyn
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2 votes

Answer:

The point on the graph indicates a surplus production of shampoo is:

Point D.

Explanation:

Surplus--

The word surplus stands for the amount which is extra as compared to what is needed.

In economics the surplus amount is the extra amount of the goods and services which is supplied by the supplier to the actual amount which is demanded.

This extra amount always lie above the point of equilibrium i.e. the point where both demand and supply are equal.

Hence, Point D denote surplus amount.

User Rgubby
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