Refer to the Information Provided in Table 3 -Refer to Table 3

question 190

Multiple Choice

Refer to the information provided in Table 3.1 below to answer the question(s) that follow.
Table 3.1
$$\begin{array} { | c | c | c | } \hline \text { Price per Pizza } & \begin{array} { c } \text { Quantity Demanded } \\\text { (Pizzas per Month) }\end{array} & \begin{array} { c } \text { Quantity Supplied } \\\text { (Pizzas per Month) }\end{array} \\\hline \$ 3 & 1,200 & 600 \\\hline 6 & 1,000 & 700 \\\hline 9 & 800 & 800 \\\hline 12 & 600 & 900 \\\hline 15 & 400 & 1,000 \\\hline\end{array}$$
-Refer to Table 3.1. If the price per pizza is $6, there is an excess

• A) demand of 300 pizzas.
• B) demand of 600 pizzas.
• C) supply of 700 pizzas.
• D) supply of 1,000 pizzas.

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Definitions:

Tangible

Physical items or properties that can be seen, touched, and measured, such as machinery, buildings, and land.

Variation

Variation is the difference or diversity in size, shape, quality, or form among individual elements or items within a population or a series of events.