-The demand and supply schedules for pizza are in the table above.A price ceiling of $4 per slice results in
A) a surplus of 20 slices of pizza.
B) a shortage of 20 slices of pizza.
C) a shortage of 40 slices of pizza.
D) a shortage of 60 slices of pizza.
E) neither a shortage nor a surplus.

Question

-The demand and supply schedules for pizza are in the table above.A price ceiling of $4 per slice results in
A) a surplus of 20 slices of pizza. 
B) a shortage of 20 slices of pizza. 
C) a shortage of 40 slices of pizza. 
D) a shortage of 60 slices of pizza. 
E) neither a shortage nor a surplus.

Quizplus · Accepted Answer

The Answer of 
-The demand and supply schedules for pizza are in the table above.A price ceiling of $4 per slice results in
A) a surplus of 20 slices of pizza. 
B) a shortage of 20 slices of pizza. 
C) a shortage of 40 slices of pizza. 
D) a shortage of 60 slices of pizza. 
E) neither a shortage nor a surplus.

-The Demand and Supply Schedules for Pizza Are in the Table