A pizza restaurant is willing to offer50 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?

Answers

Answer 1

Answer:

Due to the lawsof supply and demand, there will be a surplus. At that price, Buyers are only willing to purchase 10 pizzas. Because of the laws of supply and demand, they must lower the price in order to sell more.

What is market surplus?

When there is an excess of supply—that is, when the amount supplied exceeds the amount demanded—a market surplus results. Some manufacturers won't be able to sell all of their products in this circumstance. This will encourage them to reduce their pricing in order to increase the allure of their product.

Many businesses reduce their pricing in an effort to remain competitive, which lowers the market price for the product. Customers will increase the amount required in reaction to the lower price, driving the market toward a price and quantity equilibrium. The price of the commodity has been under pressure to decline in this situation due to an abundance of supply.

Learn more about market surplus, from:

brainly.com/question/14829124

#SPJ2

Answer 2

Answer: 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

Related Questions

Give an example of how businesses use demographic information ECONOMICS
What is a cvv on a credit card
You are working as a medical administrative assistant at Saint Catherine Children’s Hospital. Janet, your supervisor, asks you to review and edit an email that she is preparing to send out to the staff. Before it is sent, provide your recommendations for improvement. The opening of a persuasive request should __________. ☐ include facts, statistics, expert opinions, examples, and specific details to support the request ☐ identify the purpose of the request ☐ focus on the direct and indirect benefits to the reader ☐ capture the reader's attention and interest
Ethical dilemmas usually have clear right or wrong answers.TrueFalse
You spend $5 on materials to make a scarf. You think you have added $10 of value, so you set the price to $15. Nobody buys the scarf at that price, so you lower the price to $12, and someone buys it. What is the value of the scarf? A) $15B) $10C) $12

How can you know if it’s a good time to start your business A. If you feel excited about it B. There’s never a bad time to start your business. C. When the economy is strong D. When the financial pundits say things are improving

Answers

Answer:

I took the test D is wrong for James Madison students!

Explanation:

Answer: A is not the correct answer

Explanation: i took the test the correct answer is D

Thick fish steaks are also known as...

Answers

Answer:

A fish cutlet, maybe.

Explanation:

14-(8x+3)=21-4x answer with steps

Answers

Answer: x = -5/2

Explanation:

Step 1: Simplify both sides of the equation.

14−(8x+3)=21−4x

14+−1(8x+3)=21−4x(Distribute the Negative Sign)

14+−1(8x)+(−1)(3)=21−4x

14+−8x+−3=21−4x

14+−8x+−3=21+−4x

(−8x)+(14+−3)=−4x+21(Combine Like Terms)

−8x+11=−4x+21

Step 2: Add 4x to both sides.

−8x+11+4x=−4x+21+4x

−4x+11=21

Step 3: Subtract 11 from both sides.

−4x+11−11=21−11

−4x=10

Step 4: Divide both sides by -4.

-4x/4 = 10/-4

= -5/2

20 points!Articles of partnership:

a) are required to form a partnership by federal law.

b) are a formal written agreement that states the partners' relationship.

c) may be an oral agreement.

d) Both b and c

Answers

answer A are required to form a partnership by federal law

Help what to write ?

Answers

Tie is a multiple meaning word.To tie (verb), to fix two separate things together with a knot, for example your shoelaces. A tie (noun), an elegant, typically male clothing accessory worn around the neck over a shirt.

Love

Personality

Leadership

What is the relationship between Principal and Interest?