asked 1.1k views
5 votes
Which point on the graph indicates a surplus production of shampoo?

Which point on the graph indicates a surplus production of shampoo?-example-1

2 Answers

1 vote
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!
answered
User Hofshteyn
by
8.1k points
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.

answered
User Rgubby
by
8.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.