asked 94.9k views
4 votes
Suppliers will keep raising prices in a certain market as long as

there is excess supply and quantity supplied exceeds the quantity demanded
there is excess supply and quantity demanded exceeds the quantity supplied
there is excess demand and quantity demanded exceeds the quantity supplied
there is excess demand and quantity supplied exceeds the quantity demanded

2 Answers

7 votes

Answer:

there is excess demand and quantity demanded exceeds the quantity supplied

Step-by-step explanation:

answered
User Michel Hua
by
7.6k points
4 votes

Answer:

There is excess supply and quantity supplied exceeds the quantity demanded.

Step-by-step explanation:

They will keep raising the prices as long as they have enough stock (supply) and so there is more supply than what reaches the demand (the amount of people buying).

answered
User Paul Preibisch
by
8.2k points
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