-Pizza Is a Normal Good

question 58

Multiple Choice

-Pizza is a normal good.In the above figure,the shift in the demand curve from D to D? can be the result of

• A) a decrease in the price of soda, a complement to pizza.
• B) an increase in the price of hamburgers, a substitute for pizza.
• C) a decrease in income.
• D) a study that shows that pizza is a very healthy food.
• E) an increase in the cost of producing pizza.

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Definitions:

Arithmetic Sequence

An arithmetic sequence is a sequence of numbers in which each term after the first is obtained by adding a constant difference to the preceding term.

Common Difference

The steady gap found between successive numbers in an arithmetic progression.

Common Ratio

In a geometric sequence, the consistent factor by which each term is multiplied to produce the next term.

Geometric Sequence

A geometric sequence is a sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.