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Question 2 0.5 pts Assume the equilibrium price in a competitive market is predicted to...

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Accounting

Question 2 0.5 pts Assume the equilibrium price in a competitive market is predicted to be $15. For whatever reason, the market is right now not in equilibrium and the actual market price is $10. Which of the following statements is correct? O There is pressure on the equilibrium price to go down. O There is pressure on the market price to go down. O There is pressure on the market price to go up. O There is pressure on the equilibrium price to go up.
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Assume the equilibrium price in a competitive market is predicted to be $15. For whatever reason, the market is right now not in equilibrium and the actual market price is $10. Which of the following statements is correct? There is pressure on the equilibrium price to go down. There is pressure on the market price to go down. There is pressure on the market pice to go up. There is pressure on the equilibrium price to go up

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