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me File Edit View History Bookmarks Profiles Tab W Window Help MGSC2301 31158 Business Sto X MindTap - Cengage Learning x Q Ch 1-5 Flashcards
me File Edit View History Bookmarks Profiles Tab W Window Help MGSC2301 31158 Business Sto X MindTap - Cengage Learning x Q Ch 1-5 Flashcards | Quizlet x / + C ng.cengage.com/staticb/ui/evo/index.html? deploymentld=5982812453134037886534062023&elSBN=9780357133606&id=1690796593&snapshotld=3293057& CENGAGE | MINDTAP Q Search this Home Homework (Ch 04) Attempts Keep the Highest / 3 arses 15. Another supply and demand puzzle log and Study Tools Suppose the market price of pizzas in a university town recently decreased. Economics students studying at the university are discussing potential tal Options causes of the price decrease. One group of students theorize that the price decreased because a new type of pizza oven allows pizza shops to make a pizza in half the time. Others claim the decrease in the price of pizzas is because of a recent increase in the price of beer. Everyone agrees that the ege Success Tips increase in the price of beer was caused by a recent increase in the price of grain, which is not generally used in making pizzas. reer Success Tips The first group of students claim the decrease in the price of pizzas can be attributed to the fact that a new type of pizza oven allows pizza shops to make a pizza in half the time. ENDED FOR YOU Loan O On the following graph, adjust the supply and demand curves to illustrate the first group's explanation for the decrease in the price of pizzas. 2.217 80 Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. Student Loans (? O- Give Feedback Supply Demand Supply PRICE (Dollars per pizza) A 30 U K F12 F1 F7 # 2 3 5 8 O P Q W E R Y U O S D F G HFile Edit View History Bookmarks Profiles Tab Window Help MGSC2301 31158 Business Ste X MindTap - Cengage Learning QCh 1-5 Flashcards | Quizlet * + ng.cengage.com/staticb/ui/evo/index.html?deploymentld=5982812453134037886534062023&elSBN=9780357133606&id=1690796593&snapshotld=3293057&
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