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. If the price per pizza is $6, there is an excess
A. supply of 700 pizzas.
B. demand of 600 pizzas.
C. demand of 300 pizzas.
D. supply of 1,000 pizzas.
Answer: C
Economics
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