Question

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?

Answer 1

Answer:

Explanation:

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

Answer 2

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