Answered

Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Ask your questions and receive accurate answers from professionals with extensive experience in various fields on our platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A 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:

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.