IDNLearn.com is the perfect place to get answers, share knowledge, and learn new things. Get prompt and accurate answers to your questions from our experts who are always ready to help.

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.
O The price of the product will decrease to meet equilibrium.
O Supply and demand must be raised.
O Supply and demand must be lowered.
Mark this and return