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When There Is a Surplus, Sellers Have an Incentive to ______

question 245

Multiple Choice

When there is a surplus, sellers have an incentive to ______ their price and buyers have an incentive to offer a ______ price.


Definitions:

Fluffy Dice

A pair of large, soft dice often hung on the rearview mirror of a car as a decoration.

Industrial Design Act

A legislation that protects the unique visual design of objects that are not purely utilitarian.

Hand by Craftsmen

The skilled creation or repair of objects by hand, typically referring to work done by artisans.

Artistic Goods

Items that are created with aesthetic or decorative purposes in mind, often handmade or produced in limited quantities, such as paintings, sculptures, or craft items.

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