If the price of a Domino's pizza decreases while the price of a Pizza Hut pizza is unchanged, then probably the demand for Pizza Hut pizza:
A. increases as some people switch from Pizza Hut to Domino's.
B. decreases as some people switch from Pizza Hut to Domino's.
C. remains unchanged.
D. will depend on what happens to the supply of Pizza Hut pizza.
B. decreases as some people switch from Pizza Hut to Domino's.
You might also like to view...
If the newspaper reported that wearing plaid clothing was a sure way to obtain good grades, students'
A) budget lines would shift rightward to compensate for the higher price of plaid clothing. B) budget lines would rotate so that more plaid clothing would be purchased. C) preferences would change in favor of more plaid clothing. D) none of the above
Enlarging the number of grades a school will serve may reduce the amount of school segregation
Indicate whether the statement is true or false