If the Price of a Domino's Pizza Decreases,while the Price

question 15

Multiple Choice

If the price of a Domino's pizza decreases,while the price of a Pizza Hut pizza doesn't,we expect the quantity of Pizza Hut pizza demanded to:

• A)decrease as some people switch from Pizza Hut to the relatively cheaper Domino's.
• B)increase as some people switch from Pizza Hut to the relatively cheaper Domino's.
• C)decrease as some people switch from Pizza Hut to the relatively more expensive Domino's.
• D)increase as some people switch from Pizza Hut to the relatively more expensive Domino's.