If the increase in the supply of a product is greater than the increase in the demand,what will be the immediate result?

Question

Quizplus · Accepted Answer

When the supply of a product increases more than the demand for that product, a surplus occurs. This means there is an excess supply of the product in the market, which usually leads to a decrease in the price of the product. The surplus may also lead to a decrease in production or an increase in demand to balance the market.

If the Increase in the Supply of a Product Is