Social Studies, 05.06.2021 23:20 JamesLachoneus

Supply and Demand Equilibrium 187
16-
14-
12-
Price in Dollars
10-
8-
6-
4-
2- Supply
Demand
0
10
20
30
40
50
Quantity Supplied
If the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach
equilibrium?
O The price of the product will increase to meet equilibrium.
The price of the product will decrease to meet equilibrium.

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Supply and Demand Equilibrium 187
16-
14-
12-
Price in Dollars
10-

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