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QUESTION

The graph shows excess supply. Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium? A. It needs to be increased. B. It needs to be decreased. C. It needs

The graph shows excess supply.

Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium?

A. It needs to be increased.

B. It needs to be decreased.

C. It needs to reach the price ceiling.

D. It needs to remain unchanged

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