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Consider the local market for pizza. An increase in the supply of pizza decreases the price of a pizza by 10 percent and pizza lovers

Consider the local market for pizza. An increase in the supply of pizza decreases the price of a pizza by 10 percent and pizza lovers increase the quantity they buy from 1,750 pizzas a day to 2,250 pizzas a day.

Calculate the price elasticity of demand for pizza.

The price elasticity of demand for pizza is

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