Question: From the following data, plot the supply and demand curves and determine the equilibrium price and quantity: What would happen if the demand for pizzas

From the following data, plot the supply and demand curves and determine the equilibrium price and quantity:

What would happen if the demand for pizzas tripled at each price? What would occur if the price were initially set at $4 per pizza?

Supply and Demand for Pizzas Quantity demanded Quantity supplied (pizzas per semester) Price (S per pizza) 10 (pizzas per semester) 10 20 30 40 125 40 30 20 10 6

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