Consider this graph representing the market for hamburgers. Graph representing the market for hamburgers Alternative version for preceding image Supply and demand curve for the market for hamburgers. The x-axis is labeled "Quantity" and runs from 0 to 1,500 in increments of 500. The y-axis is labeled "Price" and rises from $0 to $25 in increments of $5. The supply curve (solid line) has an upward slope from left to right, while the demand curve (dotted line) has a downward slope from left to right. The two curves intersect at the price of $10 and a quantity of 500. The data for the supply curve is approximately as follows. Quantity Price 0 $2 500 $10 1000 $17 The data for the demand curve is approximately as follows. Quantity Price 0 $20 500 $10 1000 $0 What would happen if the market price were $5? There are more producers who are willing to sell hamburgers for $5 than there are consumers who want to buy at that price, so excess supply will drive prices down. Some consumers are willing to pay more than $5, and these consumers would compete with each other to get the small supply of hamburgers, driving prices