Business, 22.06.2021 23:00, sarabell5326

Sally has a pizza restaurant and sells 30 pizzas for $5 each. Jim has a pizza restaurant around the corner from Sally, and he sells 30 pizzas for $5 each. If Sally and Jim both lower their price to $3, Sally’s customers will buy 60 pizzas, and Jim’s customers will buy 40 pizzas. The demand for Sally’s pizzas is more than the demand for Jim’s pizzas.

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Sally has a pizza restaurant and sells 30 pizzas for $5 each. Jim has a pizza restaurant around the...