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tuggy tuggy
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Posts: 864
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6 years ago
A surplus occurs in a market when:
A) demand exceeds supply.
B) price is lower than the equilibrium price.
C) price is higher than the equilibrium price.
D) the marginal cost of production is negligible.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SudzburySudzbury
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6 years ago
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University of Kansas Alumni

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tuggy Author
wrote...
6 years ago
Thanks for answering correctly
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