The amount of pizzas that consumers want to buy per week is reflected in the equation P = 15 - .02Qd,where Qd is the amount of pizzas purchased per week and P is the price of pizzas.On the basis of this information we can say that:
A) if pizzas were free,people would consume 800 per week.
B) more pizzas will be purchased at a high price than at a low price.
C) if the price of pizzas is $6,then 150 will be purchased.
D) 50 fewer pizzas will be purchased per week for every $1 increase in price.
Correct Answer:
Verified
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