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591_1&course; sted.cuny.edu/webapps/assessment/take/launchjsp?course assessment id-. 1087 Remaining Time: 2 hours, 20 minutes, 34 seconds. Question Completion Status: . QUESTION 6 A consumer's change in quantity demanded for good X depends only on the: O A. Availability and prices of other goods. B. Price of good X C. Supply of good X D Incomeof the consumer QUESTION 7 Which would likely cause an increase in the demand for pizza? A A reduced desire for take-out and fast food dinning B A decrease in the price of hamburger sandwitches C A decrease in the price of cheese pepperoni and mushrooms D A health report showing eating pizza reduces stress QUESTION 8 An efficiency loss for deadweight loss) decines in size vhen a unit of output is produced for which

Explanation / Answer

6)

Change in quantity demanded implies the movement along the same curve. Thus, movement along the same curve occurs due to change in price level of good.

Thus, most appropriate answer is (B)

7)

Increase in demand means factor other than price is key to change in demand. Thus, report showing positive impact of Pizza on stress level would be right factor behind the increase in demand.

Thus, most appropriate answer is (D)

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