Use the following to answer question:
-(Figure: The Market for Candy) Use Figure: The Market for Candy.A surplus of the good will exist at a price of:

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Use the following to answer question:

-(Figure: The Market for Candy) Use Figure: The Market for Candy.A surplus of the good will exist at a price of:

Quizplus · Accepted Answer

A surplus in a market occurs when the price is above the equilibrium price, leading to a situation where the quantity supplied exceeds the quantity demanded. Choice A represents a price above the equilibrium, causing a surplus.

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