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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 :

Answer:

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

Explanation: