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iris [78.8K]
3 years ago
14

Peter’s Pizzeria sells both pizzas and wings. It wants to increase the sales of its pizzas. If it decides to increase the price

of the wings, it is assuming that​ a. ​the pizza and the wings are substitutes b. ​the pizza and the wings are unrelated in demands c. ​the pizza and the wings are complements d. ​it cannot increase the sales of its pizzas
Business
1 answer:
Mashcka [7]3 years ago
3 0

Answer:

<u>The correct answer is</u>: a) the pizza and the wings are substitutes.

Explanation:

Analyzing the scenario of the question above, in the case of Peter's pizzeria, which sells pizza and wings and wants to increase the sale of pizzas by adopting a strategy of increasing the price of wings, in this case, he is assuming that pizza and wings are substitutes .

Substitute goods are those that can be consumed in substitution for another good, even if they are in different categories, as long as they perform the same function, but in a different way.

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Answer:

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Read 2 more answers
Tina's aquarium has a capacity of 40 gallons of water she plans to stock her aquarium with 0.25 inches of fish per quart of Capa
fomenos

Answer:

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