At a market price of $1.25, a Quantity demanded is exists. Quantity supplied is the price until it reaches equilibrium. Sellers will tend to Price per Apple y $2.00 $1.75 $1.50 $1.25 $1.00 $0.75 $0.50 $0.25 Supply Demand At any price above $1.00 per apple, the market is out- of-equilibrium. 0 1 2 3 4567 Quantity of Apples (in thousands of bushels)