In the above figure, an increase in cost of the cheese used to produce pizza

Name: In the above figure, an increase in cost of the cheese used to produce pizza
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An increase in the cost of the cheese used to produce pizza would increase the cost of production for pizza makers, which would cause them to supply less pizza at any given price. This would shift the supply curve to the left from S to S1. Therefore, the correct choice is D.

In the Above Figure, an Increase in Cost of the Cheese