The figure shows supply and demand for a product. (0, 120 If the unit price is at 5500, which is true with regards to supply and demand theory? When the unit price is $500, quantity supplied is less than the quantity demanded, so the unit price pushed up towards the equilibrium price When the unit price is $500. quantity demanded is less than the quantity supplied, so the unit prices pushed down towards the equilibrium orice When the unit price is $500. quantity supplied is less than the quantity demanded, so the unit prices pushed down towards the equilibrium price When the unit price is $500.cuantity D e towards the coulorum manded is less than the quantity supplied so the unit price