Mick8salandel
Mick8salandel Mick8salandel
  • 27-06-2016
  • Business
contestada

When does a surplus exist?

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Jisallyouget
Jisallyouget Jisallyouget
  • 27-06-2016
The surplus exists when the price is higher than the equilibrium price. The market force will solve the problem by forcing to reduce supply.
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alexpunturi369
alexpunturi369 alexpunturi369
  • 09-06-2019

Answer:

>>>when there is a greater supply of a good than people want or are able to buy

Explanation:

Q; When does a surplus exist?

 

when new products are brought to the market for sale

 

whenever prices drop

 

>>>when there is a greater supply of a good than people want or are able to buy

 

when there are too few items for the people who want to buy them

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