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Show graphically and explain in words what would happen to the market for slices of pizza in New York City under each of the following
Show graphically and explain in words what would happen to the market for slices of pizza in New York City under each of the following circumstances:
- A drought causes an increase in the price of tomatoes.
- The National Institutes of Health releases a study that says that eating pizza has previously unknown health benefits.
- The city declares a month-long celebration of hamburgers. Restaurants across the city have sales and promotions to encourage burger consumption.
- The government raises the city's minimum wage.
- The city implements stricter enforcement of health code regulations for restaurants, including more frequent and more rigorous inspections.
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