Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Connect with a community of experts ready to help you find solutions to your questions quickly and accurately. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

A graph has Quantity on the x-axis and price in dollars on the y-axis. A line that represents supply has a positive slope and a line that represents demand has a negative slope. The lines intersect each other at a point which represents equilibrium. Point B represents the quantity supplied on the demand line, and point A represents quantity demanded on the supply line. Both are at the same price point above equilibrium. "A" represents the new quantity demanded, while "B" represents the new quantity supplied. What is the result of these changes? Based on this graph, what will prices most likely do? the answer is "A" represents the new quantity demanded, while "B" represents the new quantity supplied. What is the result of these changes? ✔ excess supply Based on this graph, what will prices most likely do? ✔ fall