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Market Demand and Supply for Best- Selling Books Market for best-selling books Price Quantity Quantity 50- Demanded Supplied S 45- $25 700 100 $30 40

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Market Demand and Supply for Best- Selling Books Market for best-selling books Price Quantity Quantity 50- Demanded Supplied S 45- $25 700 100 $30 40 600 300 $35 500 500 35- $40 400 700 30- $45 300 900 Price($) Consider the information provided in the above table and graph on D the right for the market for best - selling books. Supppose the price per book is $45. In this case there will be an excess demand 15- 10- 5 - 200 400 600 800 1000 Quantity (best-selling books)

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