Question

If each product combinations has a negative surplus
Select one:
a. All products will be purchased
b. Nothing will be purchased
c. One product will be purchased
d. The product that maximizes consumer surplus will be purchased

Answer 1

Explanation:

When an economic surplus occurs, it means that supply, demand, and prices are out of equilibrium. That means that something will likely change to create equilibrium. In theory, if supply is greater than demand then prices will have to drop until consumer demand matches the level of supply offered.

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Answer 2

Answer:

the product that maximizes consumer surplus will be purchased