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-The Figure Above Shows a Graph of the Market for Pizzas

Question 145

Multiple Choice

-The figure above shows a graph of the market for pizzas in a large town.What characterizes the equilibrium in this market? A) There is excess supply at the equilibrium price of $7. B) The government has selected the appropriate price for pizzas. C) The quantity supplied equals the quantity demanded. D) Supply equals demand.
-The figure above shows a graph of the market for pizzas in a large town.What characterizes the equilibrium in this market?


A) There is excess supply at the equilibrium price of $7.
B) The government has selected the appropriate price for pizzas.
C) The quantity supplied equals the quantity demanded.
D) Supply equals demand.

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