-When the Price of a Good Is Below the Equilibrium

Multiple Choice

-When the price of a good is below the equilibrium price,

A) suppliers are unable to sell as many units as they want; they will cut output and lower prices.
B) suppliers can sell as many units as they can produce; they will increase production and raise prices.
C) the demand curve shifts down to reach an equilibrium price.
D) the supply curve will shift up to reach an equilibrium price.