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

2 answers:

6 0

John's prices are too high. This is causing excess supply: John's workers can make many pizzas, but at these high prices, consumers are only demanding a small amount. If the price per slice decreased, consumers would demand more of John's pizza. This means that business would move toward a point of equilibrium, where supply matches demand at the appropriate price.

Lelu [443]3 years ago

3 0

1 moved to a new area
2 make the price lower
3 put up a sign for his pizza
4 have free sample of his pizza

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