Ask Question
28 February, 17:47

If quantity demanded exceeds quantity supplied, what most likely needs to happen to achieve equilibrium?

a. The supply needs to increase

b. The price needs to decrease

c. The price needs to increase

d. The demand needs to increase

+5
Answers (1)
  1. 28 February, 19:57
    0
    The price needs to increase.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If quantity demanded exceeds quantity supplied, what most likely needs to happen to achieve equilibrium? a. The supply needs to increase b. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers