Question

A local pizzeria hires college students to make pizza, wait on tables, take phone orders, and deliver pizzas. For each situation described, determine whether the demand for student employees by the restaurant would increase, decrease, or remain unchanged. Explain each answer.
a. The demand for pizza increases.
b. Another pizzeria opens up next door.
c. An increase in the minimum wage raises the cost of hiring student employees.
d. The restaurant buys a computer system for taking phone orders.
e. The restaurant develops a website so customers can order online.

Answer 1

The demand for pizza increases because In this task, we need to explain whether the demand for student employees would increase, decrease or remain constant in different scenarios.

Demand for labor is the total demand for working hours (workers) that is derived from the demand of a firm's total output.

Cost of employees increases because the minimum wage rises

Therefore, when the minimum wage for student employees increases, the marginal cost of labor increases.

Therefore, the demand for student employees would decrease.

what is Demand ?

• Demand refers to the consumer's desire to purchase a particular product or service.
• Market demand is the demand for a particular good in the market.
• Aggregate demand refers to the overall demand for goods and services in any economy.
• The matching of supply and demand determines the price of goods or services, Understanding the concept of demand.
• Demand is an economic concept that refers to consumers' desire to purchase goods and services and their willingness to pay a particular price for them.
• The Law of Demand is an economic principle that  consumer demand for a commodity increases when prices fall and decreases when prices rise.
• The law of demand comes into play during Black Friday sales, when consumers rush to buy products at deep discounts.

to learn more about Demand  from the given link :

brainly.com/question/14456267

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