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21. Which of the four graphs represents the market forpizza delivery in a colleg

ID: 1252004 • Letter: 2

Question

21. Which of the four graphs represents the market forpizza delivery in a college town as we go from summer to thebeginning of the fall semester?

a. A

b. B

c. C

d. D

22. Which of the four graphs represents the market for cars as aresult of the adoption of new technology on assembly lines?

a. A

b. B

c. C

d. D

23. Graph A shows which of the following?

a. an increase in demand and an increase in quantitysupplied

b. an increase in demand and an increase in supply

c. an increase in quantity demanded and an increase in quantitysupplied

d. an increase in supply and an increase in quantitydemanded

24. Graph C shows which of the following?

a. an increase in demand and an increase in quantitysupplied

b. an increase in demand and an increase in supply

c. an increase in quantity demanded and an increase in quantitysupplied

d. an increase in supply and an increase in quantitydemanded

Explanation / Answer

1. A demand is going to increase and supply willfluctuate 2. C 3. C 4. C
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