Solved

Ceteris Paribus, a Decrease in the Number of Businesses Selling

Question 5

Multiple Choice

Ceteris paribus, a decrease in the number of businesses selling pizza will cause a(n)


A) increase in the equilibrium price of pizza.
B) decrease in the equilibrium price of pizza.
C) increase in pizza demand.
D) increase in the quantity of pizza demanded.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents