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Question: suppose the market for pizzas is unregulated that is pizza...

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Suppose the market for pizzas is unregulated. That is, pizza prices are free to adjust based on the forces of supply and demand.

If a shortage exists in the pizza market, then the current price must be (higher/lower) than the equilibrium price. For the market to reach equilibrium, you would expect (sellers to offer lower prices/buyers to offer higher prices/persistent excess demand).

11. Disequilibrium Suppose the market for pizzas is unregulated. That is, pizza prices are free to adjust based on the forces of supply and demand. If a shortage exists in the pizza market, then the current price must be equilibrium, you would expect than the equilibrium price. For the market to reach Grade It Now Save & Continue Continue without saving

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