$4 D3 D D2 Number of pizzas per month Figure A 1. Refer to Figure A. The movement from point A to point C reflects: A A) a decrease in the price of pizza. B) an increase in the demand for pizza. C) an increase in the number of people who cat pizza. D) an increase in the price of the tomato sauce used to produce pizza. 2. Refer to Figure A. Which of the following would be most likely to cause the demand for pizza to shift from Di to D3? A) an increase in the price of pizza B) an increase in the price of flour used to make pizza C) a decrease in income, assuming pizza is a normal good D) an increase in the demand for pizza C. Price of pizza %24

$4 D3 D D2 Number of pizzas per month Figure A 1. Refer to Figure A. The movement from point A to point C reflects: A A) a decrease in the price of pizza. B) an increase in the demand for pizza. C) an increase in the number of people who cat pizza. D) an increase in the price of the tomato sauce used to produce pizza. 2. Refer to Figure A. Which of the following would be most likely to cause the demand for pizza to shift from Di to D3? A) an increase in the price of pizza B) an increase in the price of flour used to make pizza C) a decrease in income, assuming pizza is a normal good D) an increase in the demand for pizza C. Price of pizza %24

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter6: Consumer Choices

Section: Chapter Questions

Problem 4SCQ: As a college student you work at a part-time job, but your parents also send you a monthly...

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