Which Would Be a Likely Cause of an Increase in the Demand

question 41

Multiple Choice

Which would be a likely cause of an increase in the demand for pizza?

• A) A reduced desire for take-out and fast-food dining
• B) A decrease in the price of hamburger sandwiches
• C) A decrease in the prices of cheese, pepperoni, and mushrooms
• D) A health report showing eating pizza reduces stress

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Definitions:

Stealing Share

A competitive strategy aimed at gaining market share from competitors by attracting their customers, rather than expanding the overall market.

Forward Selling

The practice of selling goods that are not immediately available but will be in the future.

Forward Buying

Purchasing large quantities of goods when prices are lower to use or sell over time, often to hedge against price increases.

Marginal Subcontracting Cost

The additional cost incurred for outsourcing a unit of production or service beyond the normal capacity.