The triangular area in green below is known as
Price of
Apple
y
[tex]$2.00
$[/tex]1.75
[tex]$1.50
$[/tex]1.25
[tex][tex]$1.00
$[/tex][/tex]0.75
[tex]$0.50
$[/tex]0.25
Supply
Demand
1
2
3
4
5 6
Quantity of Apples (in thousands)