Asked by Alicia Ebding on May 02, 2024
Verified
Which factor is likely to cause a rightward shift in the demand for home-delivered pizza?
A) a lower price of pizza
B) a lower price of fast-food hamburgers
C) a higher price of pepperoni
D) a larger population
Rightward Shift
In economic graphs, a movement to the right of a curve, indicating an increase in supply or demand depending on the context.
Home-Delivered Pizza
Pizza that is made and delivered directly to a customer's home by a restaurant or pizza delivery service.
Population
The entire group of individuals or instances about whom we seek to make conclusions in statistical analysis or the number of inhabitants in a particular region or place.
- Absorb the essence of demand and supply, focusing on the factors that influence their dynamics.
- Consider the role of external determinants in shaping the supply and demand of goods.
- Interpret supply and demand graphs and their shifts in various market scenarios.
Verified Answer
ZK
Zybrea KnightMay 04, 2024
Final Answer :
D
Explanation :
A larger population means there are more potential customers for home-delivered pizza, which shifts the demand curve to the right.
Learning Objectives
- Absorb the essence of demand and supply, focusing on the factors that influence their dynamics.
- Consider the role of external determinants in shaping the supply and demand of goods.
- Interpret supply and demand graphs and their shifts in various market scenarios.