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Forces of supply and demand

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Reference no: EM132143821

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________ than the equilibrium price. For the market to reach equilibrium, you would expect ________

Reference no: EM132143821

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