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Question 8 5 pts Your friend Alex runs a local bakery and has been struggling to keep up with the demand for his artisanal sourdough
Question 8 5 pts Your friend Alex runs a local bakery and has been struggling to keep up with the demand for his artisanal sourdough bread. He shares his frustration with you, saying, "Despite baking non-stop, we are consistently selling out. Maybe if I lower the price, I'll be able to meet demand and won't have a shortage anymore." Using your understanding of supply and demand, evaluate Alex's strategy to solve the shortage. Use two sentence of explanation and also draw a supply and demand graph to illustrate your answer. Upload a PDF of your answer to just this question below: Upload Choose a File
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