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Loraine Loraine
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Posts: 4563
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8 years ago
Pizza and tacos are substitutes, and the price of a pizza increases. Which of the following correctly indicates what happens?
A) The demand for pizzas decreases and the demand for tacos increases.
B) The demand for both goods decreases.
C) The quantity of tacos demanded increases and the quantity of pizza demanded decreases.
D) The quantity of pizza demanded decreases and the demand for tacos increases.
E) The demand for each decreases because both are normal goods.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 408 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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8 years ago
D
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8 years ago
Another success story!

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