A surplus of cardboard boxes means that

Question

Quizplus · Accepted Answer

A surplus of cardboard boxes means that there is excess supply in the market and the quantity supplied exceeds the quantity demanded at the current price. Therefore, option D is the correct answer. Option A would only apply if the current price were at the equilibrium price, which is not the case. Option B suggests that the price is too low, but there is no information to suggest this. Option C is the opposite, suggesting that demand exceeds supply, which is also not the case. Option E is not applicable since the information provided allows us to determine that there is a surplus.

A Surplus of Cardboard Boxes Means That