If the Current Price of Pizzas Is Above the Equilibrium

question 10

Multiple Choice

If the current price of pizzas is above the equilibrium price of pizzas then

• A)sellers of pizzas have an incentive to increase the price.
• B)sellers of pizzas have an incentive to decrease the price.
• C)buyers of pizzas have an incentive to buy more.
• D)buyers of pizzas have an incentive to buy less.

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Definitions:

Return On Target Influence Model

A marketing model that evaluates the efficiency of influencers by measuring the return on investment from targeting specific influential individuals.

Social Media Advertising

The practice of using social media platforms to promote products, services, or brands to reach a wider audience.

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The total amount of money earned by a business from its sales or services before any expenses, taxes, or deductions are subtracted.

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The practice of posting short, concise messages or updates on a microblogging platform, such as Twitter, to engage with a wider audience.