If supply for a product is high but demand is low, what most likely needs to happen to achieve equilibrium?

2 answers:

7 0

If supply for a product is high but demand is low, the one that most likely needs to happen to achieve equilibrium is: B. The price of the product must go down. High supply of product will create an abundance in the market. By lowering the price of the product, it will attract more consumers for that product (icnreasing its demand) and will eventually lower the product abundance and bring the curve into equilibrium

liubo4ka [24]3 years ago

3 0

The Correct Answer is The supply needs to be raised I got the answer wrong when I chose "B" like the one above states is the correct answer but its actually "C"

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Explanation:

EXPLANATION

A. Using numbered or bulleted lists

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Bulleted lists are used to make items stand out from the text without implying order of importance. They may include punctuation marks like commas and semicolons

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B. Using graphic techniques

Graphics are visual elements that can be used to point readers and viewers to a particular information. Graphic techniques are visually engaging in order to attract and inform a large audience. Diagrams and graphs can help learners comprehend abstract concepts using visual language to depict meaning. For instance, in diagrams the connecting lines between elements help learners understand relationships. Bar graphs make it easy to compare data; line graphs help learners understand trends

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C. Developing parallelism for balance

Parallelism in literature is the repetition of a word or phrase within a sentence or group of sentences. It is used to help organize ideas, but also to make the ideas memorable.

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