grievance noun [C]. âº a âcomplaint or a âstrong âfeeling that you have been âtreated unfairly: A âspecial âcommittee âinvestigates âprisonersâ grievances. (Definition of grievance from the Cambridge Academic Content Dictionary Â© Cambridge University Press).
Surplus goods refers to the profit made in an economy, these goods could be any number of things eg money, resources .... Surplus goods refers to the profit made in an economy, these goods could be any number of things eg money, resources .... Surplus goods are the result of an efficient economy usually one that is a free market economy.  Surplus goods are the result of an efficient economy usually one that is a free market economy. Minor edit?
The consumer surplus is the difference between the highest price a consumer is willing to pay and the actual market price of the good. The producer surplus is the difference between the market price and the lowest price a producer would be willing to accept â for producers, surplus can be thought of as profit, because producers usually don't want to produce at a loss. The two together create economic surplus.