Assume,in a Competitive Market,price Is Initially Above the Equilibrium Level

Assume,in a competitive market,price is initially above the equilibrium level.We predict that price will:

A) decrease,quantity demanded will decrease,and quantity supplied will increase.
B) decrease and quantity demanded and quantity supplied will both decrease.
C) decrease,quantity demanded will increase,and quantity supplied will decrease.
D) increase,quantity demanded will decrease,and quantity supplied will increase.