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The Price of Mozzarella Cheese, Which Is Used in Making

Question 202

Multiple Choice

The price of mozzarella cheese, which is used in making pizza, increases. In the market for pizza you would expect that


A) the demand for pizza would increase and the price of pizza would increase.
B) the demand for pizza would decrease and the price of pizza would fall.
C) the supply of pizza would decrease and the price of pizza would increase.
D) the supply of pizza would increase and the price of pizza would decrease.

Correct Answer:

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