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As a consumer, why is it good for us when a store has a surplus of an item we want?
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23 votes
As a consumer, why is it good for us when a store has a surplus of an item we want?

User Tehwalrus
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2 Answers

6 votes
6 votes

Answer:

A lower consumer surplus leads to higher producer surplus and greater inequality. Consumer surplus enables consumers to purchase a wider choice of goods.

User Blacksun
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9 votes
9 votes

Answer:

Usually prices are lower when you have a surplus amount of an item. However, if there was a low amount of one item the price would be extremely high and competitive. Hope that helps!!!

Step-by-step explanation:

User David Boshton
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