A surplus would exist on a graph of supply and demand when the quantity supplied exceeds the quantity demanded at a given price, resulting in an excess of supply in the market and potential downward pressure on prices.
A surplus would exist on a graph of supply and demand where the quantity supplied exceeds the quantity demanded at a specific price, resulting in unsold goods or services in the market.
A surplus would exist on a graph of supply and demand when the quantity supplied exceeds the quantity demanded at a particular price, resulting in excess supply. To visually identify a surplus, look for a gap between the supply and demand curves, with the supply curve showing a higher quantity than the demand curve at a given price.
