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

question 15

Multiple Choice

-The above figure shows a graph of the market for pizzas in a large town.At a price of $5,there will be

• A) excess demand.
• B) excess supply.
• C) equilibrium.
• D) zero demand.

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Definitions:

Verbal Offer

An offer made orally rather than in writing, which in some cases can still be legally binding depending on the circumstances.

Unconditional

Unconditional means without any limitations, conditions, or stipulations; it often refers to agreements, love, or support that is given freely and without reservations.

Suppliers

Companies or individuals that provide goods or services to another entity, typically as part of a supply chain.

Manufacturers

Organizations or individuals involved in producing finished products from raw materials on a large scale.