Answered

Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

If the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach
equilibrium ?
O The price of the product will increase to meet equilibrium.
O The price of the product will decrease to meet equilibrium.
O Supply and demand must be raised.
O Supply and demand must be lowered.
Mark this and return

Sagot :

dylannguyen1205

Answer:

b) the price of the product will decrease to meet equilibrium

Explanation:

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.