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I need help on this question Keep the Highest 0} 1 Attempts D I o:- 11. Disequilibrium Suppose the market for cars is unregulated. That

I need help on this question

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Keep the Highest 0} 1 Attempts D I o:- 11. Disequilibrium Suppose the market for cars is unregulated. That is, car prices are f st based on the forces of supply and demand. lfa surplus exists in the car market, then the current price must be lower V than the equilibrium price. For the market to reach equilibrium, you Grade It Now Save & Continue Continue wilhoul saving would expect buyers to offer higher prices V . Attempts 0 Keep the Highest 0 / 1 11. Disequili buyers to offer higher prices Suppose the r sellers to offer lower prices That is, car prices are free to adjust based on the forces of supply and demand. persistent excess supply If a surplus ex current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to offer higher prices . Grade It Now Save & Continue Continue without saving

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