The condition where firms want to sell more than consumers want to buy is called

Name: The condition where firms want to sell more than consumers want to buy is called
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Question

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A surplus occurs when the supply of a good exceeds the demand for it, resulting in excess inventory that firms are trying to sell but are unable to do so. This can lead to price competition and potentially a decrease in prices until the surplus is cleared.

The Condition Where Firms Want to Sell More Than Consumers