Question:

If the quantity supplied in a market exceeds the quantity demanded in a market, we would expect price to?

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- stay the same.

- increase.

- decrease.

- rise in order to clear the market.

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  1. decrease.


  2. obviously prices will fall (decrease)!!

  3. Drop

  4. sounds like you are looking for someone to do your homework for you.

    Think about this.  If you have 10 apples to sell, but only 5 people want to buy apples, how would you get rid of the other 5?

  5. decrease
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