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Consider the market for pizza. Suppose the dairy cow population doubles, and thus the quantity supplied of cheese increases. Holding all else equal, what affect
Consider the market for pizza. Suppose the dairy cow population doubles, and thus the quantity supplied of cheese increases. Holding all else equal, what affect does this have on the market for pizza?
Select one:
a.equilibrium price increases and equilibrium quantity decreases
b.equilibrium price decreases and equilibrium quantity decreases
c.equilibrium price increases and equilibrium quantity increases
d.equilibrium price decreases and equilibrium quantity increases
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