When quantity supplied is greater than quantity demanded

A) there is excess demand that is not being satisfied.
B) price will rise until it gets back to equilibrium.
C) price will fall until it gets back to equilibrium.
D) the market is in equilibrium.

Quantity Supplied

The total supply of a good or service that producers are prepared to sell at a designated price over a fixed timeframe.

Quantity Demanded

The total amount of a good that buyers are willing and able to purchase at a given price within a specific time period.

Excess Demand

A situation where the demand for a product exceeds its supply at the current price, often leading to price increases.