If the price for Red Baron frozen cheese pizzas moves from $8 to $6 per unit along a demand curve D₁, most likely the quantity demanded A)increases. B)decreases. C)stays the same. D)has no relationship to the price. E)could not be able to be plotted.

Question

Quizplus · Accepted Answer

According to the law of demand, as the price of a good decreases, the quantity demanded increases. Therefore, if the price of Red Baron frozen cheese pizzas decreases from $8 to $6 per unit, it is likely that the quantity demanded will increase.

If the Price for Red Baron Frozen Cheese Pizzas Moves