The above figure shows a graph of the market for pizzas in a large town. No pizzas will be demanded unless price is less than (enter only a number):

Question

BlackTom AI · Accepted Answer

To answer this, focus on the statement: no pizzas will be demanded unless price is less than a certain level.
First, look at the vertical axis (price, P) and the demand curve D. The demand curve intersects the price axis at the highest price shown, which represents the price at which quantity demanded is zero (the choke point). In the graph, that intercept is at P = 14.
This means when the price is 14 or higher, the quantity demanded is zero; consumers are not buying any pizzas at or above that price. As the price falls below 14, the demand curve shows positive quantities demanded, since the line slopes downward and crosses into positive Q values.
Therefore, the threshold price below which there is any demand is just under 14. If the price is exactly 14, there would be zero quantity demanded; only prices strictly less than 14 generate demand.
If the task asks for a single numeric threshold (the level above which demand is zero and below which demand appears), the natural choice is 14 as the boundary value. Any price higher than 14 yields zero demand, while prices below 14 yield some positive quantity demanded.
In summary, the graph indicates a price-intercept on the demand side at P = 14, which is the critical cut-off value for demand to occur. Prices below 14 lead to positive demand; prices at or above 14 lead to zero demand.

The above figure shows a graph of the market for pizzas in a large town. No pizzas will be demanded unless price is less than (enter only a number):

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