Question

question 2 (10 points)
what will occur in the market when there is an excess quantity demanded of a product at the current price?
the price will tend to rise.
producers will reduce output and sales will fall.
the price will tend to fall.
the price must be above the equilibrium price.

Explanation:

Excess quantity demanded (a shortage) means buyers want more of the product than sellers are offering at the current price. This creates upward pressure on price, as buyers compete for the limited supply, pushing the price toward the market equilibrium level.

Answer:

The price will tend to rise.