6
QuizMultiple Choice
Unit 2 Test
Question 6 • 2027 Ignite Financial Literacy-Personal Finance - EL3403
The graph shows a point of equilibrium.If quantity demanded exceeds quantity supplied, what most likely needs to happen to achieve equilibrium?
Answer
T
The supply needs to increaseT
The price needs to decreaseT
The price needs to increaseT
The demand needs to increase