For normal goods like cola and pizza,what is a likely result of the substitution effect when the price of pizza rises
A)Cola becomes relatively more expensive, so the consumer buys more cola.
B)Cola becomes relatively more expensive, so the consumer buys less cola.
C)Cola becomes relatively less expensive, so the consumer buys more cola.
D)Cola becomes relatively less expensive, so the consumer buys less cola.

Question

Quizplus · Accepted Answer

When the price of pizza rises, cola becomes relatively less expensive, leading consumers to substitute pizza with cola, thus buying more cola.

For Normal Goods Like Cola and Pizza,what Is a Likely