Question

John is selling his pizza for $6 per slice in an area of high demand. However, customers are not buying his pizza.

Using what you learned about the principles of equilibrium, write three to four sentences about how John could solve his problem.

Answer 1

Since John is selling his pizza for six dollars a slice and people are not buying it; he has an excess in supply. Customers may not be coming to his shop because his prices are too high. So, he should decrease the price of a slice of pizza to bring in more customers. Which would get rid of the excess supply and make the supply and demand equal.

Explanation:

edge 2020

Answer 2

for starters lower the price