Identify the correct option According to the graph, at R60, the amount that is demanded is 100 units and the quantity produced is 180 units, suggesting that the quantity supplied outshines the total amount sought by 50 units. As a result of this, there is a 50-unit overproduction (surplus) of potatoes in the marketplace. It can be mathematically verified as:
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According to the graph, at R60, the amount that is demanded is 100 units and the quantity produced is 180 units, suggesting that the quantity supplied outshines the total amount sought by 50 units. As a result of this, there is a 50-unit overproduction (surplus) of potatoes in the marketplace. It can be mathematically verified as:
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