A surplus in supply means that demanders are not willing to pay the current market price.

Question

Quizplus · Accepted Answer

A surplus in supply means that suppliers are producing more goods than the current demand in the market, resulting in an excess supply of goods. This can lead to lower prices as suppliers try to entice more demanders to buy their goods. Therefore, demanders may not be willing to pay the current market price due to the excess supply of goods.

A Surplus in Supply Means That Demanders Are Not Willing