The graph shows the supply and demand curves for a certain product, which
has a current selling price of $500. The laws of supply and demand most
support which conclusion about the product?
Price
$500 Demand
$400
$300
Supply
$200
$100
0
1,000 2,000 3,000 4,000 5,000
Quantity
A. The current selling price for the product is too low.
B. The current selling price matches the product's equilibrium price.
C. The current selling price for the product is too high.