Use the figure below to answer the following questions. 
Figure 3.5.2
Original equilibrium at 1.
-Refer to Figure 3.5.2,which represents the market for beer.If the price of pizza,a complement of beer rises,what is the new beer equilibrium,ceteris paribus?
Definitions:
Material and Likely
A term used to describe when an event is both significant enough to impact financial decisions and has a reasonable chance of occurring.
Statement of Financial Position
A financial statement that shows an entity's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial health.
Global Capital Flows
The movement of money for the purpose of investment, trade, or business operations across international borders.
Operating Activities
Activities directly related to the day-to-day operations of a business, including sales, provision of services, and costs.
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