When supply is higher than demand, prices will

rise until the demand falls.
rise until the supply falls.
fall until the demand rises.
fall until the supply rises.

Question

When supply is higher than demand, prices will

rise until the demand falls.
rise until the supply falls.
fall until the demand rises.
fall until the supply rises.

GPT-5 mini · Answer

fall until the demand rises.

Explanation: If supply exceeds demand (a surplus), prices fall. As price falls, quantity demanded rises (and quantity supplied falls) until market equilibrium is restored.

When supply is higher than demand, prices will

rise until the demand falls.
rise until the supply falls.
fall until the demand rises.
fall until the supply rises.

All Answers 1

Submit Your Answer

When supply is higher than demand, prices will rise until the demand falls. rise until the supply falls. fall until the demand rises. fall until the supply rises.

All Answers 1