What situation gives rise to a surplus

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Reference no: EM13734517

What situation gives rise to a surplus?

A) There is a small equilibrium quantity

B) The current price of the good is below its market clearing price

C) The current price of the good is above its market clearing price

D) Supply of the good decreases, but the market price is not permitted to change

E) Both [C] and [D] are correct

Reference no: EM13734517

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