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Quantity of good supplied exceeds quantity demand

While the quantity of a good supplied exceeds the quantity demanded: (1) sellers are more likely to create concessions to buyers. (2) the current market price is below equilibrium. (3) consumers gain through buying before prices adjust upward. (4) the quality of output tends to decline. (5) speculators anticipate a price raise.

Hey friends please give your opinion for the problem of Economic that is given above.

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