Kavisbrieevan Kavisbrieevan

15-08-2016
Social Studies

contestada

What is the situation called when there is more of a product being offered for sale than people want to buy at that price?
a. opportunity cost
b. surplus
c. shortage
d. price fixing

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17-08-2016

When there is more of a product being offered for sale than people want to buy at that specific price is called surplus. This usually helps bring the price even lower. The correct answer is B.

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