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

question 145

Multiple Choice

-The figure above shows a graph of the market for pizzas in a large town.What characterizes the equilibrium in this market?

• A) There is excess supply at the equilibrium price of $7.
• B) The government has selected the appropriate price for pizzas.
• C) The quantity supplied equals the quantity demanded.
• D) Supply equals demand.

---

Definitions:

Canadian

Pertaining to Canada or its people, culture, or characteristics.

Twentieth Century

The period extending from January 1, 1901, to December 31, 2000, marked by significant advancements in technology, science, politics, and social movements.

Social Movement

A collective effort by a large group of people who are organized to promote or resist change in society.

Global Call

A communication or action that appeals to or involves participants from all around the world, often in the context of global issues, campaigns, or movements.