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As a consumer, why is it good for us when a store has a surplus of an item we want?

asked
User Ianjs
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2 Answers

6 votes

Answer:

A lower consumer surplus leads to higher producer surplus and greater inequality. Consumer surplus enables consumers to purchase a wider choice of goods.

answered
User Emrys Myrooin
by
7.4k points
3 votes

Answer:

Usually prices are lower when you have a surplus amount of an item. However, if there was a low amount of one item the price would be extremely high and competitive. Hope that helps!!!

Step-by-step explanation:

answered
User JoshNaro
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8.3k points

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