Which explains the connection between the law of demand and excess demand?
the lo states that decreases in price leads to greater quantity demanded and limited supply, which occurs during excess
comand
the law states that increases in price increases leads to greater quantity demanded and limited supply, which occurs
during excess demand
the law states that decreases in price leads to greater supply and equilibrium, which occurs during excess demand.
the law states that increases in price leads to greater supply and equilibrium, which occurs during excess demand.

There are certain modes of governing the people which will succeed. there are others which will not. the idea of consolidation is abhorrent to the people of this country." —william grayson, 1788 which of the following is a true statement about this quote? 1) it represents a federalist viewpoint on the relative power of the central government. 2) it represents an anti-federalist viewpoint on the relative power of the central government. 3) it represents a federalist viewpoint on the need for protection of individual liberties. 4) it represents an anti-federalist viewpoint on the need for protection of individual liberties.