If the price of mozzarella cheese (an ingredient in pizza) declines, there will be:
A. a decrease in the quantity of pizza supplied.
B. no change in the supply of pizza.
C. an increase in the supply of pizza.
D. a decrease in the supply of pizza.
Answer: C. an increase in the supply of pizza.
Economics
You might also like to view...
Resources that ________ protected by well-defined property rights are in ________ of being depleted
A) are; great danger B) are; absolutely no danger C) are not; the greatest danger D) are not; little danger
Economics
The marginal propensity to consume plus the marginal propensity to save must always equal 1
a. True b. False Indicate whether the statement is true or false
Economics