-The above figure shows a graph of a market for pizzas in a large town.At a price of $10,the market
A) is not in equilibrium.
B) has excess supply.
C) does not have excess demand.
D) All of the above.

Question

-The above figure shows a graph of a market for pizzas in a large town.At a price of $10,the market
A) is not in equilibrium. 
B) has excess supply. 
C) does not have excess demand. 
D) All of the above.

Quizplus · Accepted Answer

At a price of $10, the market is not in equilibrium because the quantity supplied exceeds the quantity demanded, leading to excess supply and no excess demand.

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