-The Above Figure Shows a Graph of the Market for Pizzas

question 55

Multiple Choice

-The above figure shows a graph of the market for pizzas in a large town.If the price price rises from 7 to 8,what is the change in quantity demanded for pizzas?

• A)-10
• B)-30
• C)-20
• D)20

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Definitions:

Engineering

The application of scientific, mathematical, and empirical principles and knowledge to innovate, design, develop, maintain, and improve structures, machines, devices, systems, materials, and processes.

Earnings Per Share

A company's profit divided by its number of common outstanding shares, indicating the portion of a company's profit allocated to each share of stock.

Sales Growth

The increase in sales revenue over a specified period, indicating the performance and expansion potential of a business.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.