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Refer to the Information Provided in Table 3 -Refer to Table 3

Question 170

Multiple Choice

Refer to the information provided in Table 3.1 below to answer the question(s) that follow.
Table 3.1
 Price per Pizza  Quantity Demanded  (Pizzas per Month)   Quantity Supplied  (Pizzas per Month)  $31,20060061,000700980080012600900154001,000\begin{array} { | c | c | c | } \hline \text { Price per Pizza } & \begin{array} { c } \text { Quantity Demanded } \\\text { (Pizzas per Month) }\end{array} & \begin{array} { c } \text { Quantity Supplied } \\\text { (Pizzas per Month) }\end{array} \\\hline \$ 3 & 1,200 & 600 \\\hline 6 & 1,000 & 700 \\\hline 9 & 800 & 800 \\\hline 12 & 600 & 900 \\\hline 15 & 400 & 1,000 \\\hline\end{array}
-Refer to Table 3.1. In this market there will be an excess supply of 600 pizzas at a price of


A) $3.
B) $6.
C) $12.
D) $15.

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