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Suppose that the eqilibrium price in the market is $ 1 0 . If the current market price is $ 7 . 5 0 :

Suppose that the eqilibrium price in the market is $10. If the current market price is $7.50:
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the equilibrium price will fall to $7.50.
competition among buyers will increase the current price.
the current price will fall below $7.50 as sellers compete for market share.
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