angelamalcom2004 angelamalcom2004
  • 03-02-2020
  • Business
contestada

When the quantity supplied of a good is greater than the quantity demanded, there is a ________

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hyderali230
hyderali230 hyderali230
  • 04-02-2020

Answer:

Surplus

Explanation:

When quantity demanded of a asset or resource is less than the quantity supplied of that asset or resource at a given price, then there is a Surplus. It means there is more stock than the demand in the market. In other words the excess of stock available in the market than it demanded by the consumers is Surplus.

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