1) Please refer to the chart above. At which point on the curve would we end up
ID: 2494884 • Letter: 1
Question
1) Please refer to the chart above. At which point on the curve would we end up on when Californians prefer less of pizza?
A) Point F
B) Point I
C) Point G
D) Point H
2) Please refer to the chart above. At which point on the curve would we end up on when more Americans prefer pizza then a tax is implemented in the pizza market?
A) Point E
B) Point C
C) Point D
D) Point A
3) Please refer to the chart above. At which point on the curve would we end up on when the price of tomatoes increases then consumers expect the price of pizza to decrease tomorrow?
A) Point B
B) Point F
C) Point A
D) Point H
4) Please refer to the chart above. At which point on the curve would we end up on when the producers expect price of pizza to increase next week then a recession hits California then the government provides a subsidy to pizza producers?
A) Point B
B) Point F
C) Point A
D) Point H
Explanation / Answer
1.point H 2.point D 3.point F 4. point A
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