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    Exam 1: The Foundations of Business
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    When Sellers Supply More of the Product Than Buyers Are
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When Sellers Supply More of the Product Than Buyers Are

Question 75

Question 75

Multiple Choice

When sellers supply more of the product than buyers are willing to purchase, a ______ is created.


A) shortage
B) supply and demand schedule
C) surplus
D) demand

Correct Answer:

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