Answer : There is surplus of softdrink

First of all let us understand the meaning of Market equilibrium.

It is a market state where the supply of the product in the market is equal to the demand of the product in the market. The equilibrium price is the price of a good or service when the supply of it is equal to the demand for the product in the market.

Price Lower or more then equilibrium

If the market price is above the equilibrium value, there is an excess supply in the market (a surplus), which means there is more supply than demand. If the market price is below the equilibrium value, then there is excess in demand

In the prasent case the equilibrium price for soft drinks is $1.00. If the current price in the soft drink market is $1.25 each which shows that market price is more then the equilibrium price for soft drinks so there is surplus of softdrink