TOPIC 3-DEMAND & SUPPLY-Extra Practice Problem EXTRA PROBLEM 1 A market research team has come up with the demand and supply schedules for pizza in Cheeseboro. These schedules are given in the table above. Use it to analyze the situation in the market for pizza. 7 Quantity supplied (pres per week) Price (dollars per ples) 5 Quantity demanded (pias per week) 750 300 6 700 400 650 500 B 600 600 9 550 700 10 500 800 11 450 900 12 400 1,000 a) Draw a graph showing the demand curve for pizza and the supply curve of pizza. Clearly mark the equilibrium price and quantity