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Question 22 2.5 points Save Answer Consider the market for pizza In a large city. The price elasticity of demand for pizza is 0.75. Which of the following statements is correct If the wages for pizza workers fall? The equilibrium price is expected to decrease, the equilibrium quantity is expected to Increase, and total consumer expenditures are expected to Increase. The equilibrium price is expected to Increase, the equilibrium quantity is expected to decrease, and total consumer expenditures are expected to decrease. O The equilibrium price is expected to decrease, the equilibrium quantity is expected to Increase, and total consumer expenditures are expected to decrease. The equilibrium price is expected to increase, the equilibrium quantity is expected to decrease, and total consumer expenditures are expected to Increase