what happens when demand is greater than supply?\ndemand falls to meet supply.\nsupply and demand fall…
what happens when demand is greater than supply?\ndemand falls to meet supply.\nsupply and demand fall together.\nprices fall until equilibrium is reached.\nprices rise until equilibrium is reached.
Answer
Brief Explanation:
In economics, when demand exceeds supply, there is a shortage. To reach equilibrium, prices increase as consumers compete for the limited goods or services.
Answer:
Prices rise until equilibrium is reached.