In a Free Market, If the Price of a Good

Multiple Choice

In a free market, if the price of a good is above the equilibrium price, then;

A) sellers, dissatisfied with growing inventories, will raise their prices.
B) buyers, hoping to ensure they acquire the good, will bid the price lower.
C) the government will set a lower price to reestablish the market equilibrium.
D) sellers, dissatisfied with growing inventories, will lower their prices.