Solved

If the Price of Ricotta Cheese, an Ingredient in Lasagna

Question 127

Multiple Choice

If the price of ricotta cheese, an ingredient in lasagna, increases, then


A) The market supply curve for lasagna will shift to the right.
B) The market supply curve for lasagna will shift to the left.
C) There will be a movement up along the market supply curve for lasagna.
D) There will be a movement down along the market supply curve for lasagna. If the cost of producing lasagna increases, the supply of lasagna will decrease.

Correct Answer:

verifed

Verified

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

Related Questions