asked 163k views
5 votes
Pizza is a normal good. If students' incomes at your college increase, the effect on pizza will be:

no change in the demand.
a decrease in the demand.
an increase in the demand.
an increase in the quantity demanded.

1 Answer

2 votes

Answer:

the effect on pizza will be: an increase in the demand

Step-by-step explanation:

Demand in economics is defined as consumers' willingness and ability to consume a given good.

answered
User Rob Van Der Veer
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories