In the figure, the shift in the demand curve from D to D, can be the result of O A. a decrease in income if pizza is a normal good. OB. an increase in the price of soda, a complement to pizza. O C. an increase in the price of a sub sandwich, a substitute for pizza. O D. a change in quantity demanded. O E. an increase in the price of pizza. Price (dollars per pizza) a b D₂ O DI

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 11RQ: As a general rule, is it safe to assume that a change in the price of a good will always have its...
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In the figure, the shift in the demand curve from D to
D₁ can be the result of
O A. a decrease in income if pizza is a normal good.
B. an increase in the price of soda, a complement
to pizza.
OC. an increase in the price of a sub sandwich, a
substitute for pizza.
O D. a change in quantity demanded.
O E. an increase in the price of pizza.
Price (dollars per pizza)
0
b
¤
DI
D2
Quantity (millions of pizzas per year)
Transcribed Image Text:In the figure, the shift in the demand curve from D to D₁ can be the result of O A. a decrease in income if pizza is a normal good. B. an increase in the price of soda, a complement to pizza. OC. an increase in the price of a sub sandwich, a substitute for pizza. O D. a change in quantity demanded. O E. an increase in the price of pizza. Price (dollars per pizza) 0 b ¤ DI D2 Quantity (millions of pizzas per year)
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