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Imagine that a major car company is producing large, fuel-inefficient SUVs during a period of rising gas prices. As a result, dealerships are overstocked with

Imagine that a major car company is producing large, fuel-inefficient SUVs during a period of rising gas prices. As a result, dealerships are overstocked with inventory that is not selling. How can this phenomenon be BEST described? This is a surplus, because the quantity demanded is greater than the quantity supplied. This is a surplus, because the quantity supplied is greater than the quantity demanded. This is a shortage, because the quantity supplied is less than the quantity demanded. This is a market in equilibrium

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