read the results from a survey of consumers in anytown.\n• fourteen percent of participants desire a store…

read the results from a survey of consumers in anytown.\n• fourteen percent of participants desire a store that offers custom - made shoes.\n• thirteen percent of participants plan to purchase a new phone in the next year.\n• fifty - two percent of participants think an additional pizza place is needed.\n• twenty - one percent of participants say they purchase bagels on a daily basis.\nbased on the survey data, what will occur if a new pizza place opens?\no it will result in excess supply.\no it will result in excess demand.\no it will help to reduce the supply.\no it will help to satisfy the demand.

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