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.

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