Refer to the figure above. Suppose all the sellers in this market started out charging a price of $45 per unit. What is the most likely result?

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Refer to the figure above. Suppose all the sellers in this market started out charging a price of $45 per unit. What is the most likely result?

A.They would all just break even because $45 is their reservation price.

B.They would all make a large profit because $45 is more than the equilibrium price.

C.They would feel pressure to lower their prices because at $45 there would be excess supply.

D.They would be forced to lower their prices because at $45 there would be excess demand.

正确答案:They would feel pressure to lower their prices because at $45 there would be excess supply.

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