Suppose pizzas and burgers are substitutes. If the price of pizza increases, what happens in each market?
a. Move upward and to the left along the demand curve for pizzas and the demand curve for burgers shifts to the right
b. Move upward and to the left along the demand curve for burgers and the demand curve for pizzas shifts to the right
c. Move downward and to the right along the demand curve for burgers and the demand curve for pizzas shifts to the left
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose pizzas and burgers are substitutes. If the price of pizza increases, what happens in each market? a. Move upward and to the left ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Suppose pizzas and burgers are substitutes. If the price of pizza increases, what happens in each market? a. Move upward and to the left along the demand curve for pizzas and the demand curve for burgers shifts to the right b.