Which would be a likely cause of an increase in the demand for pizza? a reduced desire for take-out and fast-food dining a decrease in the price of pizza an increase in the price of pizza a health report showing eating pizza reduces stress?

Question

Yusuf

Business

15 April, 19:18

Which would be a likely cause of an increase in the demand for pizza? a reduced desire for take-out and fast-food dining a decrease in the price of pizza an increase in the price of pizza a health report showing eating pizza reduces stress?

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Answers (2)

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Ramirez · Answer 1

A decrease in the price of pizza would likely cause an increase in the demand for pizza. When the price of pizza falls, more consumers are likely to purchase pizza because they value the decrease in price as a savings. When they are able to save the money and still purchase something they like, the demand rises.

Selena Green · Answer 2

a decrease in the price of pizza.

According to the basic law of demand, the higher the price of a commodity, the smaller the quantity demanded; and the lower the price of a commodity, the larger the quantity demanded, in this instance, the fall in the price of pizza will surely increase the demand for pizza, all things being equal.