maryamtouray2 maryamtouray2

09-06-2022
Social Studies

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What happens when the supply is higer than the demand

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rayne444 rayne444

09-06-2022

prices go down also called and economic surplus.

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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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