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hen a store has a sale, it cuts the prices on the goods it sells. Is that more likely to happen when there is a surplus orwhen there is a shortage
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Jan 21, 2022
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hen a store has a sale, it cuts the prices on the goods it sells. Is that more likely to happen when there is a surplus orwhen there is a shortage
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high-school
Seda
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When there is a surplus. Obviously the producer/seller has more of the item than the consumer/buyers want or need. Therefore, they (producers) are reducing the price to unload the item. A surplus tends to cause prices to fall.
Georgepiva
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Jan 25, 2022
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