When quantity supplied is greater than quantity demanded, prices tend to:
A) fall.
B) rise.
C) stay the same.
D) remain constant until the next season.

Name: When quantity supplied is greater than quantity demanded, prices tend to: A) fall. B) rise. C) stay the same. D) remain constant until the next season.
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Question

Quizplus · Accepted Answer

When quantity supplied is greater than quantity demanded, there is a surplus in the market, which typically leads to a decrease in prices as sellers try to sell off excess inventory.

When Quantity Supplied Is Greater Than Quantity Demanded, Prices Tend