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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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