1. Business
  2. Economics
  3. 1 what effect could the following have on the supply...

Question: 1 what effect could the following have on the supply...

Question details

1. What effect could the following have on the supply for pizza? a. (0.2 pt) The price of cheese increases b. (0.2 pt) A new pizza franchise named Pizza Palace enters the market. c. (0.2 pt) A new pizza oven is created that cutsthetime in half to cook a p d. (0.2 pt) If you lived in Florida, what effect might Hurricane Irma have on of pizza there? e. (0.2 pt) The price of pizza decreases. 2. Consider the market for minivans. For each of the events listed below: -identify which of the determinants of supply are affected - indicate whether supply increases or decreases - draw a diagram to show the effect on the supply curve. (Make sure to label the axes.) a. (0.5 pt) A strike by steelworkers raises steel prices.

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution