Use the Figure Below to Answer the Following Questions

Multiple Choice

Use the figure below to answer the following questions. Figure 3.2.1
-Which one of the following statements best characterizes point B in Figure 3.2.1?

A) Producers would be unwilling to sell the 9,000th apple for less than $0.50.
B) The most that consumers would be willing to pay for the 9,000th apple is $0.50.
C) At a price of $0.50,consumers will be unwilling to buy any apples.
D) At a price of $0.50,there will be an apple shortage.
E) At point B,the market is in equilibrium.