In a market where supply exceeds demand, the market is typically described as a:

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Multiple Choice

In a market where supply exceeds demand, the market is typically described as a:

Explanation:
When supply exceeds demand, prices tend to fall as sellers compete to move excess inventory, and buyers gain more bargaining power because there are more options and less urgency to pay higher prices. This situation is called a buyer’s market. In a seller’s market, demand outstrips supply, giving sellers pricing power. The term oversupply market isn’t the standard label for this condition, and distress market isn’t a typical term used in this context.

When supply exceeds demand, prices tend to fall as sellers compete to move excess inventory, and buyers gain more bargaining power because there are more options and less urgency to pay higher prices. This situation is called a buyer’s market. In a seller’s market, demand outstrips supply, giving sellers pricing power. The term oversupply market isn’t the standard label for this condition, and distress market isn’t a typical term used in this context.

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