Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our 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:

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.