If the Price of a Slice of Pizza Falls from $2

question 87

Multiple Choice

If the price of a slice of pizza falls from $2 to $1, a pizza-loving consumer will

• A) see her purchasing power fall.
• B) see her purchasing power rise.
• C) substitute more Chinese food for pizza.
• D) spend more on soft drinks and less on pizza.

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Definitions:

Food-Insecure Families

Households that lack consistent access to enough food for every member to lead a healthy life, often due to economic hardship or instability.

Obesity

A medical condition characterized by excessive body fat that may impair health, often resulting from an imbalance between calorie intake and energy expenditure.

Fast Food

Quick-service food items that are prepared and served rapidly, often in a standardized manner through chain restaurants.

Early Pubertal Maturation

The onset of puberty at an earlier age than is considered typical, which can have various psychological and physical impacts on individuals.