The following graph shows the demand (QD) and supply (QS) curves in the market for good X. Refer to the graph to answer the question: 
At a market price of £20, _____.
A) the quantity supplied in the market is equal to 200 units
B) the seller is willing to supply more than what the consumers are willing to buy
C) the seller will reduce the price until the excess stock is sold
D) there is a shortage of good X
Correct Answer:
Verified
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