Asynchronous assignment

List the determinants of the quantity of pizza supplied. Make up an example of a supply
schedule for pizza, and graph the implied supply curve. Give an example of something that
would shift this supply curve. Would a change in the price of pizza shift this supply curve?

Answer:
Determinants of quantity of pizza supplied are:
1. Demand of customers
2. Quality of pizza served
3. Number of portions required
4. Price of the pizza
5. Any Floating discounts
6. Location of the store
Price(Rs.) Quantity Demanded(Pcs) Quantity Supplied(Pcs)
100 300 200
200 280 220
300 400 400
400 350 420
500 200 300

If there is a discount on the Rs.400 pizza of Buy 2 get 50% off the demand would increase
resulting in the equilibrium to shift to a different price and quantity supplied and demanded,
the supply for Rs. 400 pizza would suddenly increase to cope up with the demand.