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QUESTION IMAGE

when supply is higher than demand, prices will rise until the demand fa…

Question

when supply is higher than demand, prices will
rise until the demand falls.
rise until the supply falls.
fall until the demand rises.
fall until the supply rises.

Explanation:

Brief Explanations

In economics, when supply exceeds demand, there is a surplus. Sellers lower prices to attract more buyers and clear the excess inventory, which in turn increases demand.

Answer:

C. fall until the demand rises.