michaelmonroe6401 michaelmonroe6401

29-08-2022
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Pizza and sub sandwiches are substitutes. if the price of pizza decreases, this will cause:______.

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abdulmajeedabiodunac abdulmajeedabiodunac

06-09-2022

Pizza and sub sandwiches are substitutes. if the price of pizza decreases, this will cause: an increase in the quantity demanded and no change to the quantity supplied

What are substitutes?

Substitutes are goods that are used as alternatives, which means that the fact the decrease in price of pizza means that the quantity demanded would rise as more are demanded as the price reduces and vice versa.

There would be no change in quantity supplied because price decrease is not favorable for the suppliers of pizzas, since they would want to supply more at a higher price instead of supplying more at a lower price

Find out more about substitutes on:https://brainly.com/question/23350334

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