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The graph below illustrates the demand and supply for pizza The demand curve shows that some customers are willing to pay more for a pizza
The graph below illustrates the demand and supply for pizza The demand curve shows that some customers are willing to pay more for a pizza than others and the supply curve shows that some producers are willing to sell pizzas for less than others At what price is total surplus maximized Part 2 2 points Price 15 14 13 12 11 10 9 8 Pizza Market 8 5 8 8 8 8 6 3 3 3 3 3 3 3 5 8 Quantity transcript When total surplus is maximized consumer surplus is and producer surplus is See Hint
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