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    Exam 5: Efficiency and Equity
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    If the Price of a Pizza Increases and the Demand
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If the Price of a Pizza Increases and the Demand

Question 298

Question 298

Multiple Choice

If the price of a pizza increases and the demand curve for pizza does NOT shift, then the consumer surplus from pizza will


A) increase.
B) decrease.
C) equal the producer surplus if the market produces the efficient quantity of pizza.
D) remain the same.

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