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Question Practice

What happens if supply of a product exceeds demand in a market?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Understanding Markets
Question Bank

What happens if supply of a pr...

Single Answer MCQ
Q-00130505

What happens if supply of a product exceeds demand in a market?

1

Prices usually rise

2

Prices may fall

3

Prices remain unchanged

4

Demand increases further

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