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Refer to the Figure

Question 46

Multiple Choice

  Refer to the figure.Which of the following is true? A)  At a price of $10, there would be neither excess demand for nor excess supply of pizza. B)  At a price of $8, there would be excess demand for pizza. C)  At a price of $5, there would be neither excess demand for nor excess supply of pizza. D)  At a price of $0.50, there would be excess supply of pizza. Refer to the figure.Which of the following is true?


A) At a price of $10, there would be neither excess demand for nor excess supply of pizza.
B) At a price of $8, there would be excess demand for pizza.
C) At a price of $5, there would be neither excess demand for nor excess supply of pizza.
D) At a price of $0.50, there would be excess supply of pizza.

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