Question: Note: The answer should be typed An excess demand for a product will cause the price to increase . As a consequence of the price

Note: The answer should be typed

An excess demand for a product will cause the price to increase . As a consequence of the price change, the Market for pizza 14.00- quantity demanded will decrease and the quantity 13.00- supplied will increase 12:00 11.00- Referring to the diagram to the right, at the current market 10.00- price Market' of $5, there is an excess demand of 9.00- thousand pizzas per month. (Enter your response as a B.00- positive integer.) Price per pizza 6.00- C 5.00- 4.00- PMark 3.00- 2.00- D 1.00- 0.00+ 20 138 0 5 10 15 20 25 30 35 40 45 50 55 Thousands of pizzas per month

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