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QUESTION

Which explains why the price indicated by p2 on the graph is lower than the equilibrium price? As prices fall, quantity demanded goes up. As prices fall, quantity demanded goes down. As prices fall, q

Which explains why the price indicated by p2 on the graph is lower than the equilibrium price? As prices fall, quantity demanded goes up. As prices fall, quantity demanded goes down. As prices fall, quantity demanded stays the same. As prices fall, quantity demanded disappears.

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