Register
F the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach equilibrium?
94.8k views
5 votes
F the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach equilibrium?

User Slifty
by
4.2k points

1 Answer

6 votes

When quantity supplied is greater than quantity demand, the condition that needed for the price to reach equilibrium would be: The price of the product will decrease to meet equilibrium.

User Shox
by
4.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.8m questions

6.3m answers

Other Questions

The appellate court system in Georgia was established by what? A. state statute B. U.S. Statute C. Constitutional amendment D. the supreme court​
What are 2 examples of roman influenced art in modern life
LOTS OF POINTS: Economics: A benefit, such as health insurance, paid vacation, or a retirement plan, that is received by an employee in addition to regular pay is known as __________. A. a fringe benefit
The country at the southern tip of africa is ______
6. What is the main job of the Ohio General Assembly? -to enforce the laws of Ohio -to interpret the laws of Ohio -to veto the laws of Ohio -to make laws for the state of Ohio 7. Who is the current Governor
Link Copied!