If the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach equilibrium? the price of the product will increase to meet equilibrium. the price of the product will decrease to meet equilibrium. supply and demand must be raised. supply and demand must be lowered.

When quantity supplied is greater than quantity demand, the condition that needed for the price to reach equilibrium would be: The price of the product will decrease to meet equilibrium.

When the quantity supplied is greater than the demand, there would be an abundance of that product in the market without any demand to take it. Reducing the price of the product would make it more appealing to the consumers and cause an increase in demand. This would help bring the price into equilibrium point.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.

answer; the miracles;