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An excess demand for a product will cause the price to increase Market for pizza As a consequence of the price change, the quantity demanded
An excess demand for a product will cause the price to increase Market for pizza As a consequence of the price change, the quantity demanded will 14.00- decrease and the quantity supplied will increase 13.00- 12.00- Referring to the diagram to the right, at the current market price 11.00- S PMarket of 54, there is an excess demand of thousand pizzas 10.00- per month. (Enter your response as a positive integer.) 9.00- 8.00- Price per pizza 7.00- 6.00- 5.00- C 4.00- 3.00- P Market 2.00- D 1.00- :15 0.00-+ 5 10 15 20 25 30 35 40 45 50 55 60 Thousands of pizzas per month
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