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25 May, 23:26

A pizza restaurant is willing to offer

50 pizzas at a price of $22 per pizza. Buyers are willing to buy 10

pizzas at this price. Will there be a surplus or a shortage of pizzas

at the end of the day? Why?

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Answers (2)
  1. 26 May, 00:08
    0
    There will be a surplus because of supply and demand Byers are willing to buy only 10 pizzas at that cost. To sell More they need to reduce the price because of the rules of supply and demand
  2. 26 May, 01:58
    0
    Supply Price Demand

    300 $15.00 100

    240 12.00 160

    180 9.00 220

    160 8.00 240

    100 5.00 300

    40 2.00 360

    20 0 (free) 400

    A. What is the equilibrium price of pizza? You should graph the two curves to see whe
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