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    Macroeconomics Study Set 57
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    Exam 3: Markets
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    When Does a Surplus Occur
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When Does a Surplus Occur

Question 51

Question 51

Multiple Choice

When does a surplus occur?


A) When the quantity supplied is less than the quantity demanded
B) When the quantity demanded is less than the quantity supplied
C) When a market only sells secondary goods
D) When producers see a need to increase the price of the good

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