Question

Franco's Pizzeria sells slices of pizza for $2.00. According to the market demand schedule and assuming ceteris paribus, what happens when Franco's raises the price to $2.50 a slice? (1 point)

* The quantity demanded per day stays the same.
* The quantity demanded falls from 100 slices a day to 50 a slice.
* The quantity demanded falls from 150 a day to 100 a day.
* The quantity demanded increases to 250 a day.

Answer 1

C