Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

If a store runs a sale on a product to clear out its stock, we can conclude that:____.

Sagot :

tutorconsortium344

If a store runs a sale on a product to clear out its stock, we can conclude that there was a surplus of the product in the store.

When a product's supply and demand diverge, or when a small number of buyers are willing to pay more than the vast majority of buyers, there is a surplus. In theory, there should be neither a surplus nor a deficit of a good when it is sold for a fixed price that everyone is willing to pay.

Product surplus is the region that is above the supply level and below the equilibrium price.

To know more about surplus, click here:-

https://brainly.com/question/14829124

#SPJ4

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.