In some states, a tax on the purchase of sugary beverages has been levied to raise the price of these drinks and decrease consumption. A fictional state, known for its high quality pizza restaurants, wonders if imposing a similar tax will have any effect on its pizza markets. Assuming that pizza and soft drinks are complements, which of the following is likely to result from implementing a new soft drink tax?(1 point)
Responses
The demand for pizza will increase.
The demand for pizza will increase.
The supply of pizza will decrease.
The supply of pizza will decrease.
The demand for pizza will decrease.
The demand for pizza will decrease.
The supply of pizza will increase.