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Consider the market for frozen pizza.Chris is willing to pay $5 for a pizza, Sue $7 for a pizza, Raj $3 and Vu $4. 1.
Consider the market for frozen pizza.Chris is willing to pay $5 for a pizza, Sue $7 for a pizza, Raj $3 and Vu $4.
1. If the price of the pizza is $5, who will purchase a pizza and what are their consumer surpluses?
2. Who will not purchase a pizza?Explain your answer
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