When Does a Surplus Occur

question 51

Multiple Choice

When does a surplus occur?

• A) When the quantity supplied is less than the quantity demanded
• B) When the quantity demanded is less than the quantity supplied
• C) When a market only sells secondary goods
• D) When producers see a need to increase the price of the good

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Definitions:

Silicate Minerals

A group of minerals that contain silicon and oxygen, usually with other metals, forming the largest and most important class of minerals on Earth.

Double Chains

Structures consisting of two parallel chains of atoms or molecules bonded together, often found in silicate minerals.

Silicon Tetrahedron

A structural unit in silicate minerals, consisting of a central silicon atom covalently bonded to four oxygen atoms at the corners of a tetrahedron.

Silicate Minerals

Minerals that contain silicon and oxygen, and possibly other elements, constituting the largest family of minerals.