At a price for which the quantity supplied exceeds the quantity demanded, a ________ is experienced, which pushes the price

Question

4 years ago

15

________ toward its equilibrium value

1 answer:

I am Lyosha [343] · Answer 1 · 2022-01-31T08:44:53+03:00

6 0

Answer:

1-Shortage

2- fall

Explanation:

Shortage (there will not be enough goods available to meet the demand for them)

Fall (when supply exceeds demand, prices fall until equilibrium is reached, and demand equals supply)

At a price for which the quantity supplied exceeds the quantity demanded, a __________ is experienced, which pushes the price __