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.

Brazil trades with the united states more than it does with any other country. industrially, the private sector has made brazil one of the most advanced countries in latin america, with massive investment taking place since 1996. still, over 1 million people live in state-owned housing and millions more are covered by government operated health care. these facts show that brazil has a a) mixed economy. b) market economy. c) command economy. d) traditional economy.