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Worked example – Pizza supply

Worked example – Pizza supply. Here demand has shifted (an ‘increase’ in demand), and price of supply has moved along the same supply curve This is an ‘expansion’ as there is more being supplied and consumed (Q2 – Q1) than previously.

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Worked example – Pizza supply

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  1. Worked example – Pizza supply • Here demand has shifted (an ‘increase’ in demand), and price of supply has moved along the same supply curve • This is an ‘expansion’ as there is more being supplied and consumed (Q2 – Q1) than previously. • If the quantity supplied and demanded fell then this would be a ‘contraction’ in the market S P D2 D1 Q 1 Q 2 Q

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