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A small town that had only one pizzeria, finds that due to the popularity of pizzas many more pizza joints have started opening up. This
A small town that had only one pizzeria, finds that due to the popularity of pizzas many more pizza joints have started opening up. This means that: a) Demand for pizzas will become less price elastic b) Supply of pizzas will become less price elastic c) Demand for pizzas will become more price elastic d) Supply of pizzas will become more price elastic
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