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The demand and supply schedules for pizza on a typical weekend night in Cape Girardeau are given in the table below. Suppose that on home
The demand and supply schedules for pizza on a typical weekend night in Cape Girardeau are given in the table below.
Suppose that on home football weekends the demand for pizzas increase by 200 at every price.In anticipation of the increased demand, pizza parlor owners each hire 3 more workers and increase the supply of pizzas by 350 at every price.The new equilibrium price of pizzas is _____ and the new equilibrium quantity of pizzas is _____.
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