What will happen to suppliers in a market if there is a surplus of the good they sell, but no supplier can afford to lower prices?

Marketing Jan 11, 2021

Expert Solution

If the firms in the market there is excessive demand and the producers can reap surplus on the commodities, they sell without altering the price of the commodity then, in this case, the sellers/producers will try to manufacture more and more of the products. If they increase their output they can increase their turnover in sales and harvest more profits.

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