Multiple Choice
Which of the following is true about how the "invisible hand" influences economic activity through prices when a product has lower demand than supply?
A) The price must decrease,causing more buyers to buy and less sellers to sell.
B) The price must decrease,causing more buyers to buy and more sellers to sell.
C) The price must increase,causing less buyers to buy and more sellers to sell.
D) The price must increase,causing less buyers to buy and less sellers to sell.
Correct Answer:
Verified
Correct Answer:
Verified
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