Economy, asked by nagrasatnam9080, 10 hours ago

Which of the following is areason of appearing surplus demand

Answers

Answered by kanubhardwaj12345678

Answer:

A surplus occurs when there is some sort of disconnect between supply and demand for a product, or when some people are willing to pay more for a product than others. ... Surpluses often occur when the cost of a product is initially set too high, and nobody is willing to pay that price.

Explanation:

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