Mugg & Bean as well as Wimpy have entered the market to sell pizzas. This causes the equilibrium price to __________ and the equilibrium quantity to __________ in the market for pizzas in South Africa, ceteris paribus.

decrease; decrease
increase; increase
decrease; increase
increase; decrease

User Icon for Bot GPT 3.5 Bot GPT 3.5 answered
5 months ago

decrease; increase