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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? The price of the product will increase to meet equilibrium. The price of the
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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? The price of the product will increase to meet equilibrium. The price of the product will decrease to meet equilibrium. Supply and demand must be raised. Supply and demand must be lowered.

User Cedric Gatay
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The answer is B because if the quantity supplied is greater than demand then their is a surplus, which equals lower prices.
B.The price of the product will decrease to meet equilibrium
User Apflieger
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Hi! :)

Answer: The price of the product will decrease to meet equilibrium.
User Ironfroggy
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