What is the tendency of suppliers to offer more of a good at a higher price? (1) quantity supplied (2) supply (3) law of supply (4) Elasticity of supply2. What factor might lead to the opening of several new pizzerias in a town? (1) The price of a slice of pizza has gone up. (2) The price of a slice of pizza has gone down. (3) The supply of pizza is inelastic. (4) The cost of producing pizza has doubled