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Supply Demand Schedule for Pizzas
Supply and Demand Graph for Pizzas
600.00
Price
Quantity
Supplied
Quantity
Demanded
os
500.00
400.00
$5
500
100
Aanwend
300.00
$4
400
200
200.00
Q0
100.00
$3
300
300
0.00
54.00
55.00
$2.00
$100
$3.00
Price
200
400
$2
100
500
$1
QD - Quantity demanded
os - Quantity supplied
Based on the information in the graph and the table, what is the equilibrium price of pizza?
A
$2.00
B
$4.00
C $3.00
D $5.00
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