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Which of the following terms describes a situation in which there is an excess quantity demanded in a market?

Choose 1 answer:

A
Surplus


B
Shortage


C
Excess supply


D
Equilibrium


E
Efficiency

1 Answer

4 votes

Answer:

A. Surplus

Step-by-step explanation:

The term from the given options that describes a situation in which there is an excess quantity demanded in a market is option A, surplus.

This is because, in a market system, if the demand for a product is excess, then that product is in surplus.

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