If prices are too ________, the supply will ________ demand.
A) High, exceed
B) High, be less than
C) Low, exceed
D) Low, be more than
E) None of the above

Name: If prices are too ________, the supply will ________ demand. A) High, exceed B) High, be less than C) Low, exceed D) Low, be more than E) None of the above
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Question

Quizplus · Accepted Answer

When prices are too high, suppliers are willing to supply more than consumers are willing to buy, leading to a situation where supply exceeds demand.

If Prices Are Too ________, the Supply Will ________ Demand

If Prices Are Too , the Supply Will Demand