Question: Which statement best describes the current price for the good shown in this graph of supply and demand schedules? Supply and Demand Graph Demand curve

Which statement best describes the current price for the good shown in this graph of supply and demand schedules? Supply and Demand Graph Demand curve Supply curve $12.50 Price of pizze $10.00 $7.50 $5.00 $3.00 0 Current price 100 200 300 400 500 Quantity A. The current price should be raised to reflect lower supply. B. The current price reflects the point where supply and demand are balanced. C. The current price should be lowered to reflect higher supply. D. The current price should be lowered to reflect lower demand

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