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Papa's Italian Joint has a promotion for $ 1 ott any large specialty pizza. Ernie's Shop does not have any promotions that reduce the price
Papa's Italian Joint has a promotion for $ ott any large specialty pizza. Ernie's Shop does not have any promotions that reduce the price of pizza. How does the decrease in price of Papa's Italian Joint pizza affect the demand for Ernie's Shop pizza?
In the graph below, show how demand for Ernie's Shop pizza is impacted by shifting the supply or demand curve in the appropriate direction.
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