Ask Question
26 May, 12:45

When a product reaches equilibrium price, then:

+1
Answers (1)
  1. 26 May, 13:09
    0
    Answer: surplus will go down.

    Explanation:

    If market prices are below the equilibrium price the quantity supplied is less than the demand, this will lead to a short of supplies
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When a product reaches equilibrium price, then: ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers