Say at the current price there is an excess supply in the market for bicycles. In the future the price for bicycles will:

Question

Quizplus · Accepted Answer

If there is currently an excess supply in the market, it means that there are more bicycles available than there are buyers willing to purchase them at the current price. This situation puts pressure on sellers to lower the price of bicycles in order to entice buyers to make a purchase. As a result, the price for bicycles is likely to decrease in the future.

Say at the Current Price There Is an Excess Supply