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9. Shifts in supply or demand II The following graph shows the market for pizzas in San Diego, where there are over 1,000 pizza restaurants

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9. Shifts in supply or demand II The following graph shows the market for pizzas in San Diego, where there are over 1,000 pizza restaurants at any given moment. Suppose the price of grated cheese, a major ingredient in pizzas, suddenly increases. Show the effect of this change on the market for pizzas by shifting one or both of the curves on the following graph, holding all else constant. Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. Supply Demand Supply PRICE (Dollars per pizza) Demand QUANTITY (Pizzas) Grade It Now Save & Continue

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