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    Exam 1: The US Business Environment
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    What Is the Term Used to Describe a Market Condition
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What Is the Term Used to Describe a Market Condition

Question 25

Question 25

Multiple Choice

What is the term used to describe a market condition where buyers are able to satisfy the demand of the consumer,yet have some product remain unsold?


A) Surplus
B) Stoppage
C) Shortage
D) Demand deficit
E) Equilibrium price

Correct Answer:

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