Refer to the Figure Below

Refer to the figure below. 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 make a large profit because $45 is more than the equilibrium price.
B) They would all just break even because $45 is their reservation price.
C) They would lower their prices because at $45 there would be excess supply.
D) They would lower their prices because at $45 there would be excess demand.