Antony's Pizza uses the same dough, sauce, and cheese for pizza and calzones. When the price of pizza is low Antony produces more calzones. For Antony, the supply of pizza is ______ compared to the supply at a pizza restaurant that does not serve calzones.

Answer :

Martebi

The supply of pizza is more price elastic compared to the supply at a pizza restaurant that does not serve calzones.

What is the term price elastic?

In business or in an economy, price elasticity is a term that connote the extent to which people, consumers, or producers change or alter their demand or the amount that is been supplied due change in price or income changes.

It is known to be a term that is often used to assess the different alterations in consumer demand due to change in a good or service's price.

Conclusively, the supply of pizza is more price elastic when viewed along with the supply at the pizza restaurant as people are often order more than usual.

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