Explain the relationship between the demand curve and consumer surplus. AP Microeconomics Graphing Practice: Draw a correctly labeled supply and demand graph for the market for shirts.

Explore the surplus concept generally, how it applies in the economy, and the effects economic surpluses can have your life.

China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed concerns about global imbalances and fueled an intense debate on their causes and consequences. There ...