Assume the Graph Shown Represents the Market for Pizzas Sold

question 59

Multiple Choice

Assume the graph shown represents the market for pizzas sold in an hour. Which of the following could be a reason S2 to S1?

• A) The price of pizza sauce has increased.
• B) The price of pizza went down.
• C) The price of labor for pizza shops went down.
• D) People just don't have preferences for pizza anymore.

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Definitions:

Lending

The act of providing funds to another party with the expectation that the funds will be repaid, often with interest, at a later date.

Corporate Codes

Policies or guidelines established by companies to dictate behavior, ethics, and responsibilities within the corporate environment.

Labor Abuse Scandals

Incidents or revelations of poor working conditions, exploitation, or violations of workers’ rights within companies or industries.

Bad Publicity

Negative attention or coverage in the media, which can harm an entity's reputation or image.