Suppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand.     If a surplus exists in the car market, then the current price must be  (higher OR lower)  than the equilibrium price. For the market to reach equilibrium, you would expect (persistent excess supply OR buyers to offer higher prices OR sellers to offer lower prices)    which would be the correct answer from the option?

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