Suppose consumer tastes and preferences shift from pizza to tacos. In the short run case, these changing tastes will result in pizza restaurants ________ pizza prices and taco restaurants ________ taco prices.
A) decreasing; increasing B) decreasing; decreasing
C) increasing; increasing D) increasing; decreasing
Question 2
A change in the quantity demanded of a product is the result of a change in
A) consumer income. B) the price of the product.
C) the cost of producing the product. D) the price of related goods.
The rate of evolution in short and longÂÂÂlived plants
Case 1: The outgroups help resolve the polytomy
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