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.
Correct Answer:
Verified
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A)
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