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At a price of $10, the quantity demanded of pizzas is 100 and the quantity supplied is 150. Which of the following statements must be

At a price of $10, the quantity demanded of pizzas

is 100 and the quantity supplied is 150. Which of the following statements must be true?

(A) There is a shortage of pizza at a price of $10.

(B) The equilibrium price of pizza is below $10.

(C) The quantity of pizzas sold will be 150.

(D) At equilibrium, fewer than 100 pizzas will

be sold.

(E) The pizza market is in equilibrium.

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