If the price of mozzarella cheese (an ingredient in pizza)declines,there will be:
A)a decrease in the supply of pizza.
B)an increase in the supply of pizza.
C)a decrease in the quantity of pizza supplied.
D)no change in the supply of pizza.

Question

Quizplus · Accepted Answer

A decrease in the price of an ingredient in pizza, such as mozzarella cheese, will lower the production cost for pizzerias, enabling them to produce more pizza for the same price. Therefore, the decrease in the price of mozzarella cheese will lead to an increase in the supply of pizza.

If the Price of Mozzarella Cheese (An Ingredient in Pizza)declines,there