The above figure shows a graph of the market for pizzas in a ...

[colton]

The above figure shows a graph of a market for pizzas in a large town. At a price of $10, the market
◦ has excess supply.
◦ is not in equilibrium.
◦ does not have excess demand.
◦ All of the above.

[jgranad15]

All of the above.

[colton]

Thank you!

[jgranad15]

Always glad to help...

[lidoalex]

The above figure shows a graph of the market for pizzas in a large town. Suppose that concern over dietary habits has led the government to impose a restriction that limits suppliers to produce no more than 40 pizzas. What will the price of pizza be as a result of this quota?
◦ $2
◦ $10
◦ $7
◦ $8

[Rilsmarie951]

$10

[lidoalex]

TY

[Rilsmarie951]

You're welcome

[leo leo]

The above figure shows a graph of the market for pizzas in a large town. Suppose that concern over dietary habits has led the government to impose a restriction that limits suppliers to produce only 40 pizzas. As a result, for prices greater than $7, the
◦ demand curve becomes vertical.
◦ supply curve is vertical.
◦ supply curve is unchanged.
◦ demand curve becomes horizontal.

[sarah_brady415]

supply curve is vertical.