maryamtouray2 maryamtouray2
  • 09-06-2022
  • Social Studies
contestada

What happens when the supply is higer than the demand

Respuesta :

rayne444 rayne444
  • 09-06-2022
prices go down also called and economic surplus.
Answer Link
f4ke
f4ke f4ke
  • 09-06-2022

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.

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