Use the figure below to answer the following questions. Figure 3.2.2 -Which one of the following would result in the demand curve shifting from D₁ to D₂ in Figure 3.2.2? A)an increase in the supply of pizza B)a rise in the price of spaghetti,a substitute for pizza C)a rise in the price of pizza D)a fall in the price of pizza E)a rise in the price of Coke,a complement of pizza

Question

Quizplus · Accepted Answer

A rise in the price of spaghetti, a substitute for pizza, would lead to an increase in the demand for pizza as consumers switch from the now more expensive spaghetti to pizza. This would shift the demand curve to the right, as indicated in the question.

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