rpope43
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  • 15-01-2020
  • Business
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a surplus exists in a market if​

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obash
obash obash
  • 15-01-2020

Answer:

A surplus exists in a market if​ the supply happens to be excessive

Explanation:

In a situation where there is surplus, this shows that the quantity supplied is more than the quantity demanded which would allow to incur low sales hence; there would be reduction in price in order to avert such and increase the demand.

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