If the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach equilibrium? The

Question

4 years ago

12

If the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach equilibrium? The

price of the product will increase to meet equilibrium. The price of the product will decrease to meet equilibrium. Supply and demand must be raised. Supply and demand must be lowered.

Social Studies

2 answers:

Zanzabum · Answer 1 · 2021-12-08T15:19:45+03:00

Zanzabum4 years ago

7 0

Hi! :)

Answer: The price of the product will decrease to meet equilibrium.

Natasha2012 [34] · Answer 2 · 2021-12-08T16:43:43+03:00

Natasha2012 [34]4 years ago

7 0

The answer is B because if the quantity supplied is greater than demand then their is a surplus, which equals lower prices.
<span>B.The price of the product will decrease to meet equilibrium</span>