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

2 answers:

8 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.

lesya692 [45]3 years ago

7 0

I think John could lower the price of his pizza. He could also put out advertisements. One more thing John could do is increase options for people to customize their pizza.

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