8. The market for pizza has the following demand and
supply schedules:
CO
de
Price
Quantity Demanded
Quantity Supplied
$4
5
6
7
8
9
135 pizzas
104
81
68
53
39
26 pizzas
53
81
98
110
121
a.
b.
a. Graph the demand and supply curves. What are
the equilibrium price and quantity in this market?
b. If the actual price in this market were above the
equilibrium price, what would drive the market
toward the equilibrium?
c. If the actual price in this market were below the
equilibrium price, what would drive the market
toward the equilibrium?
C.
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WHAT THE HECK IS THIS!!!!!!
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