Assume That Pizza and Hamburgers Are the Only Food Items

question 343

Multiple Choice

Assume that pizza and hamburgers are the only food items available to consumers. If the price of pizza increases, other factors constant, then which of the following will definitely happen?

• A)Total revenues received by pizza sellers will increase.
• B)Total revenues received by pizza sellers will decrease.
• C)Total revenues received by hamburger sellers will increase.
• D)Total revenues received by hamburger sellers will decrease.

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Definitions:

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A decades-long struggle by African Americans and allies to end institutionalized racial discrimination, disenfranchisement, and segregation in the United States.

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The enforced separation of different racial groups in a country, community, or establishment, often resulting in the use of separate facilities and services.

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