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1. Imagine a company lunchroom that sells pizza by the slice. Using the flowing data, plot the points and graph the demand and supply

1. Imagine a company lunchroom that sells pizza by the slice. Using the flowing data, plot the points and graph the demand and supply curves. What is the equilibrium price and quantity? Find a price at which excess demand would exist and a price at which excess supply would exist, and plot them on your diagram. Price per slice Demand (number of slices) $1 420 $2 210 $3 140 $4 105 $5 84

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