Answers EA Academy Civics 9 Supply, Demand, and PriceQuestion 5

5

QuizMultiple Choice

Supply, Demand, and Price

Question 5 • EA Academy Civics 9

What happens when supply is greater than demand?

Answer

A

Prices rise until equilibrium is reached.

B

Prices fall until equilibrium is reached.

C

Demand rises to meet the supply.

D

Supply falls to meet demand.

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