A decrease in the price of pizza will cause an Select one a

A decrease in the price of pizza will cause a(n):

Select one:

a. increase in demand.

b. increase in quantity demanded.

c. decrease in quantity demanded.

d. decrease in the number of consumers.

Solution

A change in quantity demanded results from a change in price keeping other factors constant.Change in demand results due to change in other factors keeping price constant.

A fall in price will therefore increase the quantity demanded.

Answer-B.