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

question 245

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 $15, there is a(n)

• A) market equilibrium.
• B) excess demand of 400 units.
• C) excess demand of 900 units.
• D) excess supply of 600 units.

---

Definitions:

Relationship Maintenance

Actions and behaviors undertaken to sustain and enhance the satisfaction and health of a relationship over time.

Skilled

Describes someone who has acquired expertise or proficiency in a particular area or field through training or experience.

Analytic

Involving the breakdown of a complex topic or substance into smaller parts to understand its structure, function, and relationships.

Creative Intelligence

The ability to go beyond existing knowledge and ideas to create or discover something original and useful.