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Suppose That the Current Price in a Market for Pizza

Question 78

Multiple Choice

Suppose that the current price in a market for Pizza is $9.At that price,the quantity demanded is 519 and the quantity supplied is 400.In this market,we would expect that:


A) the price of pizzas would increase.
B) the price of pizzas would decrease.
C) buyers would want to buy more pizza in the future.
D) sellers would want to sell fewer pizzas in the future.

Correct Answer:

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