The suppliers see that demand expands at the lower disequilibrium price and many do not attempt to reduce supply but to shift their supply curves RIGHTWARD by making big capital intensive investments by which unit costs are reduced such that their costs can be covered at the lower disequilibrium price. Some firms can't make those investments and they are wiped out but the surviving firms can produce, more or less, the greater supply demanded at the new lower equilibrium price.
So there never is an adjustment to equilibrium via a supply reduction.
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