Solved

Assuming Pizza and Hamburgers Are Substitutes,when the Price of Pizza

Question 21

Multiple Choice

Assuming pizza and hamburgers are substitutes,when the price of pizza increases,what must always happen?


A) Total revenue received by pizza sellers increases.
B) Total revenue received by pizza sellers decreases.
C) Total revenue received by hamburger sellers increases.
D) Total revenue received by hamburger sellers decreases.

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