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Question 11

Trail drivers were so successful that the supply of cattle exceeded the demand. How did this change the price of cattle?
А
The price of cattle went up.
B
The price of cattle went down.
С
The price of cattle stayed the same.
D
The price has nothing to do with the demand for cattle.
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O

1 Answer

6 votes

Answer:

The price of cattle went down

Step-by-step explanation:

When supply exceeds demand there is more product available than there is need resulting in the price of goods going down

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