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21 December, 07:22

What factor might lead to the opening of several new pizzerias in a town? the price of a slice of pizza has gone up. the supply of pizza is inelastic. the cost of producing pizza has doubled. the price of a slice of pizza has gone down?

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  1. 21 December, 10:37
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    The answer is: The price of a slice of pizza has gone up.

    When the price of pizza has gone up, many customers would start to see other options as a place to obtain new pizzas, which could afford to give it at lower places. This will lead to the establishment of several competitors to answer that demand.
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