Also, please explain! i\'ll give the best asnwer to the person who explains the
ID: 2505705 • Letter: A
Question
Also, please explain! i'll give the best asnwer to the person who explains the best!! thanks!!!
Last year there were 6 pizza shops in town. this year there are only 4. other things equal, the decrease in the number of suppliers will
a) cause the market supply curve to shift to the right.
B. have no impact on the market supply as long as the long as the demand for pizza remains strong.
C) increase the market demand for pizza.
D) cause a decrease in the quantity supplied at each price.
all of the following are economic resources or factors of production except
land
Physical Capital
Money
Entrepreneurship
Section 1:Price per constant quantity unit
Section 2: Quantity demand of constant quality units per year
Section 3: Quantity supplied of constant quality (UPY)
$1.00 1,000 200
$2.00 800 400
$3.00 600 600
$4.00 400 800
$5.00 200 1,000
According the above table at 2$ per unit, which of the following would exist?
a surplus of 800
a shortage of 800
a shortage of 400
a shortage of 200
one opportunity cost associated with going to college is
Giving up employment possibilities while in college
Paying tuition
Purchasing text books
Paying for room, board, and other living expenses
all americans should have access to health care is an example of?
A factual statement
A positive statement
A microeconomic statement
A normative statement
Why specialize?
Because assigning each worker a variety of tasks makes her more productive
To decrease our dependence on each other
There is no economic rational to specialization
It usually increases productivity
An improvement in productions of computers will?
Decrease the demand
Decrease the supply
Increase the demand
Increase the supply
The negative effect of a per-unit tax imposed on sales of an industries product would likely include]
Less production and higher prices
lower prices for consumers
None of the above
More job opportunities
Explanation / Answer
six pizza shops supplied a particular quantity to meet demand. Now there are four shops to still meet the original demand. All other things equal, which I assume includes unit price, the four remaining shops should meet the strong demand for pizza. B
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