Solved

Suppose the Price of Cheese Rises

Question 337

Multiple Choice

Suppose the price of cheese rises. In the market for pizza, one would expect that


A) the supply of pizza would increase, and the price would fall.
B) the demand for pizza would increase, and the price would increase.
C) the demand for pizza would decrease, and price would fall.
D) the supply of pizza would decrease, and price would rise.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions