The equilibrium price for pizza is $ 10 and the equilibrium quantity is 150 pizzas. (Enter your responses as whole numbers.) Part 3 Now, suppose that the demand increases such that the quantity demanded increases by 30 more pizzas at every price. Calculate the new equilibrium price $ enter your response here and the new equilibrium quantity enter your response here pizzas. (Enter your responses as whole numbers.)
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This means that at each price level, the quantity demanded will increase by 30 pizzas. Show more…
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