A shift of the demand curve for thin-crust pizza would not be caused by a change in?

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08-09-2022
Business

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A shift of the demand curve for thin-crust pizza would not be caused by a change in?

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tutorconsortium344 tutorconsortium344 · Answer 1 · 2022-09-12T19:57:27+02:00

A shift of the demand curve for thin-crust pizza would NOT be caused by a change in the PRICE of thin-crust pizza.

Demand is not determined by price, hence a change in price does not result in a change in demand. Ceteris paribus, if the price of new cars varies, the quantity demanded will change, and the demand curve will alter.

Demand Curve: The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time.

A shift of the demand curve for thin-crust pizza would NOT be caused by a change in the PRICE of thin-crust pizza.

To learn more about Demand Curve, visit the following link:

https://brainly.com/question/516635

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