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Market for pizza Quantity of pizza The graph above could represent which of the following? a . A decrease in the price of pizza leads
Market for pizza
Quantity of pizza
The graph above could represent which of the following?
a A decrease in the price of pizza leads to an increase in the quantity demanded.
b Pizzerias discover a new method for preparing pizza at lower cost.
c An increase in the minimum wage leads to an increase in the cost of producing pizza
d Higher incomes increase the demand for pizza.
e A new study linking pizza to heart attacks reduces demand for pizza.
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