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In a free market economy, the demand for a specific model of electric car is low, but the supply is high. What will happen to the price of this specific model of electric car? It will rise. It will fall.
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In a free market economy, the demand for a specific model of electric car is low, but the supply is high.

What will happen to the price of this specific model of electric car?



It will rise.


It will fall.


It will remain constant.


It will be set by the government.

User Shay Yzhakov
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2 Answers

2 votes

Answer:

fall

Step-by-step explanation:

User Knitti
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5.0k points
3 votes

It will fall.

Demand low and supply high - fall.

Demand high and supply low - high.

User Niasia
by
5.0k points
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