Multiple Choice
Table 4.2
-Refer to the market supply schedule for pizza in Table 4.2. If a new pizza chain opens and supplies the market with 2 million pizzas at a price of $9, what is the new quantity supplied in the pizza market at $9?
A) Stays the same at 20 million pizzas.
B) Increases to 22 million pizzas.
C) Decreases by 18 million pizzas.
D) Quantity will stay the same but price will fall.
E) Quantity will stay the same but price will rise.
Correct Answer:

Verified
Correct Answer:
Verified
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