Which of the following statements best describes the interaction between supply and demand? Select the best answer from the choi

Question

3 years ago

6

Which of the following statements best describes the interaction between supply and demand? Select the best answer from the choi

ces provided. If the quantity demanded exceeds the quantity supplied, the price can be lowered. If the quantity demanded goes up, the quantity supplied and price will go down. If the quantity demanded exceeds the quantity supplied, the price can be raised. If the quantity demanded goes up, the quantity supplied will go up and the price will go down

SAT

2 answers:

denis-greek [22] · Answer 1 · 2022-06-26T22:54:52+03:00

denis-greek [22]3 years ago

5 0

The answer is C! Hope this helps!

slavikrds [6] · Answer 2 · 2022-06-26T21:17:50+03:00

slavikrds [6]3 years ago

3 0

If the quantity demanded exceeds the quantity supplies, the price can be raised.