The price of pizza increases.Everything else remaining the same,the consumer surplus from pizza
A)increases.
B)is greater than the producer surplus from pizza.
C)is less than the producer surplus from pizza.
D)does not change.
E)decreases.

Question

Quizplus · Accepted Answer

If the price of pizza increases, consumers may be willing to buy less pizza or switch to a different substitute, resulting in a decrease in consumer surplus. Therefore, the correct answer is E.

The Price of Pizza Increases