Question

question 9 points 3 what typically happens in a market with a surplus of goods? prices increase to match the excess supply. prices remain stable, but consumers buy more. suppliers lower prices to clear the excess supply. buyers compete to purchase the limited supply.

Explanation:

In a market with a surplus of goods, there is more supply than demand. Suppliers will lower prices to encourage consumers to buy more and reduce the excess inventory.

Answer:

B. Suppliers lower prices to clear the excess supply.