Question: Consider the table below: Demand and Supply Schedule for Pizza table [ [ Price ( $ ) , Quantity Demanded,Quantity Supplied ] , [
Consider the table below:
Demand and Supply Schedule for Pizza
tablePrice $Quantity Demanded,Quantity Supplied
The equilibrium price for pizza is $ and the equilibrium quantity is pizzas. Enter your responses as whole numbers.
Now, suppose that the supply increases such that the quantity supplied increases by more pizzas at every price. The new equilibrium price is $ and the new equilibrium quantity pizzas. Enter your responses as whole numbers.
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