As the price of pizza increases, pizza chains are generally willing to sell a larger quantity of pizza in the market. Pizza chains are demonstrating _____

Question

Quizplus · Accepted Answer

The behavior of pizza chains in selling a larger quantity of pizza in the market as the price of pizza increases demonstrates the law of supply. The law of supply states that businesses are willing to supply more of a product at a higher price.

As the Price of Pizza Increases, Pizza Chains Are Generally