-When Price Is $8
A)quantity Demanded Is Greater Than Quantity

$\begin{array}{ccc}\text { Quantity Demanded } & \text { Price } & \text { Quantity Supplied } \\30 & \$ 10 & 64 \\40 & \$ 8 & 55 \\50 & \$ 6 & 50 \\60 & \$ 4 & 40 \\70 & \$ 2 & 20\end{array}$
-When price is $8

A) quantity demanded is greater than quantity supplied and,therefore,price must fall to get to equilibrium price.
B) quantity demanded is greater than quantity supplied and,therefore,price must rise to get to equilibrium price.
C) quantity supplied is greater than quantity demanded and,therefore,price must fall to get to equilibrium price.
D) quantity supplied is greater than quantity demanded and,therefore,price must rise to get to equilibrium price.