31. Supply and Demand (1)

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what determines price in a free marker

Which is an incorrect statement about Supply and Demand?

the amount of goods that consumers want to purchase

Producing more pizzas than consumers are willing to purchase

producing the exact number of pizzas that consumers are willing purchase

Consumers (or pizza shop customers) will buy fewer goods (pizza) as the pizza becomes more expensive, so the demand curve moves down and to the right

Producers (or pizza shop owners) will produce more goods (pizza) if they can sell their goods at a higher prices, so the supply curve moves up and to the right

the amount of good for sale