PRICE per large pepperoni pizza QUANTITY DEMANDED of large pepperoni pizzas QUANTITY SUPPLIED of large pepperoni pizzas $20 1000 units 7000 units 18 2000 units 6500 units 16 3000 units 6000 units 14 4000 units 5500 units 12 5000 units 5000 units 10 6000 units 4500 units 7000 units 4000 units 6. 8000 units 3500 units 4 9000 units 3000 units 10 000 units 2500 units Refer to Table 4-1. What is the equilibrium price?

PRICE per large pepperoni pizza QUANTITY DEMANDED of large pepperoni pizzas QUANTITY SUPPLIED of large pepperoni pizzas $20 1000 units 7000 units 18 2000 units 6500 units 16 3000 units 6000 units 14 4000 units 5500 units 12 5000 units 5000 units 10 6000 units 4500 units 7000 units 4000 units 6. 8000 units 3500 units 4 9000 units 3000 units 10 000 units 2500 units Refer to Table 4-1. What is the equilibrium price?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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