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What happens when the supply is higer than the demand

User Genesis
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2 Answers

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Answer:

When the supply is higher than the demand a fall in equilibrium prices will occur. That is when the price falls because there isn't a high enough demand to supply ratio. On the other hand, when supply is lower than demand, the prices rise.

User Sinux
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prices go down also called and economic surplus.
User Meziantou
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