Ernesto's Pizza is about to offer customers a new variety of a personal pizza.Which of the following actions by Ernesto's Pizza would MOST likely prevent a surplus or a shortage of the personal pizzas in its first week?
A) limit the supply of the personal pizza
B) lower demand for the personal pizza
C) set the price of substitute goods
D) estimate the market price of the personal pizza
E) lower the price of the pizza throughout the week

Question

Quizplus · Accepted Answer

D)The market price occurs where there is neither a surplus nor a shortage of supply.

Ernesto's Pizza Is About to Offer Customers a New Variety