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Business, 12.02.2020 03:55 HyperZ

The market price of pizzas in a college town decreased recently, and the students in an economics class are debating the cause of the price decrease. Some students suggest that the price decreased because the price of dough, an important ingredient for making pizzas, has decreased. Other students attribute the decrease in the price of pizzas to a recent increase in the price of beer. Everyone agrees that the 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. Adjust the supply and demand curves to illustrate the first group’s explanation for the decrease in the price of pizzas and on the second graph adjust the supply and demand curves to illustrate the second group’s explanation for the decrease in the price of pizzas

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