(Answered) Question a label the curves which curve shows the

Economics

Question: a. Label the curves. Which curve shows the willingness to pay for a pizza?

b. If the price of a pizza is $16, is there a shortage or a surplus and does the price rise or fall?

c. Sellers want to receive the highest possible price, so why would they be willing to accept less than $16 a pizza?

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Microeconomics, Economics

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