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kati45 [8]
4 years ago
10

What is the situation called when there is more of a product being offered for sale than people want to buy at that price? oppor

tunity cost surplus shortage price fixing
Social Studies
1 answer:
Oliga [24]4 years ago
7 0
Let's look at the meaning of the four terms:
opportunity cost - this is a cost of an option not chosen, upon the choise of some option.

surplus - this is a situation where more goods are offered than are needed

 <span>shortage - t</span><span>his is a situation where less goods are offered than are needed

price fixing   - this is an agreement between competitors to not lower a prize for a certain product.

So the correct answer is surplus!
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4 years ago
In parts of Africa, colonies of ants live on certain species of acacia trees. The ants feed on leaf structures rich in lipids, w
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coevolution                      

Explanation:

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                   Charles Darwin stated the interconnection between the insects and the flowering plant as a similar scenario of  coevolution.

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4 0
4 years ago
Which of the following is part of the plot of The True Confessions of Charlotte Doyle?
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I hope I can help you

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