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The Above Figure Shows the Market for Pizza

Question 121

Multiple Choice

The above figure shows the market for pizza. The market is in equilibrium. Pizza and tacos are substitutes for consumers. The price of tacos falls. What point represents the most likely new price and quantity? A) A B) B C) C D) D E) E The above figure shows the market for pizza. The market is in equilibrium. Pizza and tacos are substitutes for consumers. The price of tacos falls. What point represents the most likely new price and quantity?


A) A
B) B
C) C
D) D
E) E

Correct Answer:

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