A surplus currently exists in the market for Whatzits.In a free market system,the government must step in and buy any Whatzits that consumers do not buy in order to eliminate the surplus and establish equilibrium.

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Quizplus · Accepted Answer

In a free market system, the government does not typically intervene to eliminate surpluses or establish equilibrium. Instead, the market forces of supply and demand eventually adjust to reach a new equilibrium point.

A Surplus Currently Exists in the Market for Whatzits