Midlo Middle Economics Supply & Demand, Price, Consumer Protection Flashcards

Midlo Middle Economics Supply & Demand, Price, Consumer Protection

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Question

Why does a surplus cause the prices to decrease? (2 answers)

Answer

buyers are NOT willing pay the price, too much product is left

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Midlo Middle Economics Supply & Demand, Price, Consumer Protection

0 / 50

Question

Answer

buyers are NOT willing pay the price, too much product is left

Know itStill learning

Card 1 of 50