What is the effect of the following event on the supply of pizzas?   If other things remain the same, when ________, the supply of pizzas ________.     A. the price of cheese rises; decreases and the supply curve of pizzas shifts leftward   B. the wage rate paid to chefs rises; decreases and the supply curve of pizzas shifts downward   C. the price of a pizza rises; increases and the supply curve of pizzas shifts upward   D. some pizzerias close; decreases and the supply curve of pizzas shifts rightward

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
Problem 6P
icon
Related questions
Question
What is the effect of the following event on the supply of pizzas?
 
If other things remain the same, when ________, the supply of pizzas ________.
 
 
A.
the price of cheese rises; decreases and the supply curve of pizzas shifts leftward
 
B.
the wage rate paid to chefs rises; decreases and the supply curve of pizzas shifts downward
 
C.
the price of a pizza rises; increases and the supply curve of pizzas shifts upward
 
D.
some pizzerias close; decreases and the supply curve of pizzas shifts rightward
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Land
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
MACROECONOMICS
MACROECONOMICS
Economics
ISBN:
9781337794985
Author:
Baumol
Publisher:
CENGAGE L
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
ECON MACRO
ECON MACRO
Economics
ISBN:
9781337000529
Author:
William A. McEachern
Publisher:
Cengage Learning
ECON MICRO
ECON MICRO
Economics
ISBN:
9781337000536
Author:
William A. McEachern
Publisher:
Cengage Learning
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax