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10/31/19

[Answer] The graph shows excess supply.Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium?

Answer: It needs to be decreased




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The graph shows excess supply.Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium? The graph shows excess supply. Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium ? The graph shows excess supply. Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium? It needs to be increased. It needs to be decreased. It needs to reach the price ceiling. It needs to remain unchanged . The graph shows excess supply. Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium ? It needs to be decreased. ... The graph shows demand. In order to achieve equilibrium what else must be included on the graph ? supply curve. Thu Apr 05 2018 · The graph shows excess supply. Which needs to happen to the price indicated by p2 on the graph in order to achieve equilibrium? It needs to be increased. It needs to be decreased. It needs to reach the price ceiling. It needs to remain unchanged . Wed Nov 22 2017 · According to this theory the interaction between supply and demand for a good or service fits and the vector of adjustment is price. If the price is high there is more supply than demand. If the price is low there is more demand than supply . If demand increases price increases and supply increases . If demand falls the price falls. Fri May 16 2008 · 1. Excess Supply If the price is set too high excess supply will be created within the economy and t...

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