Refer to the information provided in Table 3.1 below to answer the question(s) that follow.
Table 3.1Price per PizzaQuantity Demanded (Pizzas per Month)Quantity Supplied (Pizzas per Month)$31,200  600  61,000  700  9  800  80012  600  90015  4001,000Refer to Table 3.1. In this market there will be an excess demand of 300 pizzas at a price of

Demand for staples such as dairy products and bread is likely to be both income and price inelastic

Indicate whether the statement is true or false

Successful entrepreneurs

A) do not have to follow government regulations. B) provide new products and job opportunities for others. C) have high consumption rates and relatively low investment rates. D) are not influenced by government tax policies.