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A _________ happens when the quantity supplied is more than the quantity demanded and often leads to a drop in prices. A. surplus B. shortage C. price floor D. price ceiling
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A _________ happens when the quantity supplied is more than the quantity demanded and often leads to a drop in prices.

A. surplus

B. shortage

C. price floor

D. price ceiling

User Robert Diamond
by
7.8k points

1 Answer

7 votes
The answer is A. Surplus
User AquilaRapax
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