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?
Marginal Consumer Surplus = The excess of a personâs total utility from the consumption of a good (MU) over the price paid: MCS = MU â P. For one good, the optimum level of consumption would be to consume a quantity of the good unto the point where MU = Price.