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Cell phone producers are supplying more phones than consumers demand, at the given price.

This means that there is a _____ of phones.

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Cell phone producers are supplying more phones than consumers demand, at the given price.

This means that there is a _____ of phones.

Answer

If more is being produced than is needed, there is a SURPLUS.

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 23 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 109 views.

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