The demand curve for pizza is downward sloping because
a. as the price of pizza rises, p...
Business, 04.01.2020 03:31 zappygal923
The demand curve for pizza is downward sloping because
a. as the price of pizza rises, people will seek other, relatively cheaper alternatives, like hamburgers or tacos.
b. pizza is popular and there are more pizza parlors.
c. when fewer pizzas are produced, the money in people’s pizza budgets does not have to stretch as far.
d. when pizza prices rises, the price of other goods must also be rising, so people cannot afford to buy as much.
Answers: 1
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