The Figure Above Shows the Demand Curve for Pizza and the Market

question 222

Multiple Choice

The figure above shows the demand curve for pizza and the market price of pizza.
-In the figure above,how much is the consumer who buys the 5,000th pizza willing to pay for that pizza?

• A) $15
• B) $10
• C) $12
• D) $22.50
• E) $5

---

Definitions:

Environmental Scanning

The process of systematically gathering, analyzing, and using information from the external environment for strategic planning.

Demographics

Statistical data relating to the population and particular groups within it, such as age, gender, income level, and education.

Internal Environment

The conditions, entities, events, and factors within an organization that influence its activities and choices.

Mission, Vision

The fundamental objectives and aspirational goals set by an organization to guide its strategic direction and decision making.