If quantity supplied exceeds quantity demanded, we know that:

Question

Quizplus · Accepted Answer

When quantity supplied exceeds quantity demanded, sellers are left with excess supply or unsold goods. In order to sell these goods, they may need to lower the price to stimulate demand. Therefore, A is correct. As a result, there is an imbalance between the plans of buyers and sellers, with sellers intending to sell more than buyers intend to buy. Therefore, C is also correct. Ultimately, all of these factors point to the existence of excess supply, making B correct as well. Thus, the best answer is D.

If Quantity Supplied Exceeds Quantity Demanded, We Know That