Use the following to answer questions:
Figure: Supply and Demand
-(Figure: Supply and Demand) At the equilibrium price in the figure, the unsatisfied demanders are represented by the section of the demand curve between:
A) $5 and $10.
B) $0 and $5.
C) $3 and $7.
D) $0 and $10.

Question

Use the following to answer questions:
Figure: Supply and Demand 
-(Figure: Supply and Demand) At the equilibrium price in the figure, the unsatisfied demanders are represented by the section of the demand curve between:
A) $5 and $10. 
B) $0 and $5. 
C) $3 and $7. 
D) $0 and $10.

Quizplus · Accepted Answer

At the equilibrium price, the quantity demanded equals the quantity supplied, so there are no unsatisfied demanders. However, if the price were below equilibrium, unsatisfied demanders would be those willing to pay more than the current price, represented by the demand curve section from $0 to the equilibrium price.

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