Advanced Placement (AP)

The graph shows excess supply. which explains why the price indicated by p2 on the graph is higher than the equilibrium price? a. as prices rise, quantity demanded goes up. b. as prices rise, quantity demanded goes down. c. as prices rise, quantity demanded stays the same. d. as prices rise, quantity demanded disappears.

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The graph shows excess supply. which explains why the price indicated by p2 on the graph is higher t...

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