D2 Quantily (pizzas per month) Quartity (pizzas per month) Flgure A Figure B Quantily (pizzas per month) Quantily (pizzas por month) Figure C Figure D The figures above show the market for pizza. Suppose tacos are a substitute for pizza and tacos rise in price. Which panel shows the effect of this change? Figure A. Figure B. O Figure C. O Figure D. Price dolan per pizza Frice dolar per pizza

Principles of Microeconomics (MindTap Course List)
8th Edition
ISBN:9781305971493
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter21: The Theory Of Consumer Choice
Section: Chapter Questions
Problem 3CQQ
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D1
D2
Quantily (pizzas per month) Quantity (plizzas per month)
Flgure A
Figure B
Quantily (pizzas per month) Quantily (pizzas por month)
Figure C
Figure D
The figures above show the market for pizza. Suppose tacos are a substitute for pizza and tacos
rise in price. Which panel shows the effect of this change?
Figure A.
Figure B.
Figure C.
O Figure D.
Price dolan per pizza
Price dolars per pizza
Transcribed Image Text:D1 D2 Quantily (pizzas per month) Quantity (plizzas per month) Flgure A Figure B Quantily (pizzas per month) Quantily (pizzas por month) Figure C Figure D The figures above show the market for pizza. Suppose tacos are a substitute for pizza and tacos rise in price. Which panel shows the effect of this change? Figure A. Figure B. Figure C. O Figure D. Price dolan per pizza Price dolars per pizza
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