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In a free market economy, what signal do high prices send?(1 point)Responses Producers should supply less and consumers should
1. 1 answer
2. 112 views
A recent diet trend has made snack cakes far less popular than they once were. As such, demand for snack cakes is expected to
1. 1 answer
2. 101 views
The price system is an important component of the market because it _____.(1 point)Responses guarantees that consumers get the
1. 3 answers
2. 133 views
In the figure provided, a price of Pc has been set by a government price control.Two intersecting lines are graphed. The
1. 1 answer
2. 87 views
Governments often set price floors in an effort to protect _____.(1 point)Responses consumers from low market prices consumers
1. 7 answers
2. 180 views
A binding price ceiling is a mandated _____.(1 point)Responses maximum price above the market equilibrium price maximum price
1. 1 answer
2. 125 views
The supply and demand curves for a market are graphed below with price in dollars and quantity in thousands.Two intersecting
1. 1 answer
2. 83 views
Market Equilibrium Quick Check4 of 54 of 5 Items Question In a given market, the market equilibrium price and quantity are $120
1. 3 answers
2. 116 views
Price Quantity Supplied Quantity Demanded$10 1,000 2,500 $20 2,000 2,000 $30 3,000 1,500 $40 4,000 1,000 The equilibrium price
1. 1 answer
2. 230 views
For a given market, the equilibrium quantity of the good or service will decrease if _____.(1 point)Responses demand decreases
1. 3 answers
2. 136 views
In the market for apartment housing, the quantity of available apartments is observed to be less than the number of renters who
1. 1 answer
2. 169 views
Determinants of Supply Quick Check5 of 55 of 5 Items Question The welding workforce (supply) is expected to grow due to a state
1. 1 answer
2. 130 views
The federal government is considering providing a per-student subsidy to private schools in the country. What is the anticipated
1. 1 answer
2. 104 views
A business produces apple juice and orange juice. The price of orange juice has increased from $2.00 to $2.50. This can be
1. 3 answers
2. 113 views
Which of the following events would shift a supply curve to the left?(1 point)Responses The price of the good that the firms
1. 3 answers
2. 94 views
Which of the following is a determinant of supply?(1 point)Responses the price of a complement in consumption the price of a
1. 3 answers
2. 127 views
Number of Workers Output Total Cost Fixed Cost Variable Cost1 20 $300 $250 $50 2 35 $352 $250 $102 3 45 $406 $250 $156 4 50 $462
1. 1 answer
2. 162 views
If the cost of labor is the only variable cost that the firm faces, what is the cost incurred by the business for each
1. 3 answers
2. 166 views
Production Costs of a Firm Quick Check3 of 53 of 5 Items Question A restaurant produces 250 meals per day with five employees.
1. 3 answers
2. 127 views
When a firm is producing at the level of output that maximizes profit, which of the following is true?(1 point)Responses
1. 1 answer
2. 112 views
To improve productivity, a local bakery rents a machine that mixes, partitions, and then bakes dough for a variety of pastries.
1. 3 answers
2. 149 views
Law of Supply Quick Check5 of 55 of 5 Items Question What is the relationship between the price of a product and the quantity
1. 1 answer
2. 110 views
Which of the following producers is most likely to face a relatively elastic supply curve in the short run?(1 point)Responses a
1. 1 answer
2. 99 views
A vertical supply curve is said to be _____.(1 point)Responses perfectly elastic perfectly elastic relatively inelastic
1. 1 answer
2. 128 views
What is the difference between supply and quantity supplied?(1 point)Responses Supply deals with the decisions of consumers and
1. 1 answer
2. 108 views
The law of supply states that as price increases, ceteris paribus, _____.(1 point)Responses quantity supplied decreases quantity
1. 1 answer
2. 126 views
Teenagers frequently purchase similar shoes from one of two major competing shoe manufacturers. If the price of one
1. 3 answers
2. 150 views
Sunscreen and beach towels are complementary goods. If the price of sunscreen increases, ceteris paribus, _____.(1 point)Respons
1. 1 answer
2. 112 views
Which of the following is not a determinant of demand?(1 point)Responses cost of production cost of production consumer
1. 3 answers
2. 119 views
As the price of a good increases, all else being equal, consumers will likely purchase _____.(1 point)Responses less of the good
1. 1 answer
2. 106 views
The law of demand states that as the price of a particular good or service increases, _____.(1 point)Responses quantity demanded
1. 1 answer
2. 160 views
Suppose that a city government decides to develop a public park. In the circular flow diagram with government, which of the
1. 1 answer
2. 128 views
In the circular flow diagram with government, what does the government receive directly from households?(1 point)Responses
1. 3 answers
2. 147 views
In the circular flow diagram, what do firms provide to product markets?(1 point)Responses goods and services goods and services
1. 1 answer
2. 136 views
When it comes to resource markets, in what form do households receive income from entrepreneurship?(1 point)Responses rent rent
1. 1 answer
2. 129 views
In the circular flow diagram, what do households provide to factor markets?(1 point)Responses land, labor, and capital land,
1. 1 answer
2. 203 views
In one to two sentences, explain why governments provide environmental protection. Include the concepts of public services and
1. 2 answers
2. 232 views
In one to two sentences, define open opportunity, consumer sovereignty, and voluntary exchange, and explain how they contribute
1. 2 answers
2. 171 views
A busy small business owner is considering purchasing groceries through a premium home delivery service because of its
1. 1 answer
2. 171 views
A local preschool does not have enough spots available for all of the children in the district. It has decided to randomly
1. 1 answer
2. 83 views
Which of the following is an example of a positive externality that would result from converting the inner part of a city to a
1. 1 answer
2. 91 views
Which of the following is an example of a private good?(1 point)Responses a public website a public website positions in a free
1. 1 answer
2. 91 views
Which of the following is an example of open opportunity?(1 point)Responses A business decides to change its website provider to
1. 1 answer
2. 97 views
Which of the following principles of a free enterprise system best explains why the businesses in an industry cannot maintain an
1. 1 answer
2. 105 views
How does a pure market economy answer the basic question of which goods and services should be produced?(1 point)Responses
1. 1 answer
2. 144 views
Introduction to Economics Unit Test10 of 2110 of 21 Items Question How does a pure command economy answer the basic question of
1. 3 answers
2. 122 views
Which points are most efficient for the utilization of resources on a production possibilities diagram?(1 point)Responses points
1. 1 answer
2. 120 views
A small manufacturing firm has two products that are produced using its in house 3-D printers. The budget and time constraints
1. 1 answer
2. 93 views
Introduction to Economics Unit Test7 of 217 of 21 Items Question Define utils.(1 point) Responses Utils are the power of a
1. 1 answer
2. 133 views
What are the two main purposes of an informational text summary? Select the two correct answers.(1 point)Responses to describe
1. 1 answer
2. 112 views
Which of these would normally appear in a scientific abstract? Select the two correct answers.(1 point)Responses methods methods
1. 1 answer
2. 130 views
Choose the words that complete the sentence.(1 point)To establish complex relationships in an informational text, the author
1. 1 answer
2. 193 views
Which pieces of evidence support the connection? Select the two correct answers.(1 point) Responses “To break down the physics
1. 1 answer
2. 71 views
Which pieces of evidence support the connection? Select the two correct answers.(1 point) Responses “To break down the physics
1. 1 answer
2. 67 views
How do authors demonstrate complex relationships in an informational text? Select the two correct answers.(1 point)Responses by
1. 3 answers
2. 124 views
Which questions help the reader evaluate whether the text structure an author chooses is effective? Select the two correct
1. 1 answer
2. 100 views
Which questions help the reader evaluate whether the text structure an author chooses is effective? Select the two correct
1. 1 answer
2. 109 views
Use the passage below from “Great Pacific Garbage Patch weighs more than 43,000 cars and is much larger than we thought” to
1. 1 answer
2. 194 views
Which questions help the reader evaluate whether the text structure an author chooses is effective? Select the two correct
1. 1 answer
2. 122 views
Joshua fills one large container with cold water Then he fills a small container with hot water and red food coloring, and seals
1. 1 answer
2. 231 views
Four students complete the table below, ranking states of matter by potential energy. Which student is correct?(1 point)
1. 1 answer
2. 265 views
When you add cold milk and hot chocolate, they will slowly blend as the cooler liquid mixes with the warmer liquid. Eventually,
1. 1 answer
2. 281 views
When you add cold milk and hot chocolate, they will slowly blend as the cooler liquid mixes with the warmer liquid. Eventually,
1. 2 answers
2. 222 views
A student arranges two blocks of copper next to each other so that they are touching. At the start of the experiment, Block
1. 1 answer
2. 147 views
how did Paleo Indians live?
1. 1 answer
2. 141 views
What type of bonds are shown in this diagrammetallic bonds ionic bonds hydrogen bonds covalent bonds
1. 2 answers
2. 894 views
What happens when an atom gives up loosely held valence electrons to another atom?
1. 1 answer
2. 283 views
-22 -5 Find the difference-13 -17 -27*** 27 pls help!
1. 2 answers
2. 314 views
sup
1. 0 answers
2. 213 views
What a compatible number for 145?
1. 2 answers
2. 171 views
For any given flight, an airline tries to sell as many tickets as possible. Suppose that on average, 20% of ticket holders fail
1. 2 answers
2. 2,191 views
What is the formula for calculating fZ|Y(z|y) in terms of fX for continuous variables X and Y?
1. 0 answers
2. 2,718 views
What are the important stages of the history of chinese in canada? What are the keywords
1. 1 answer
2. 472 views
Math pre cal 11(11√3 - 3√12)＾2 without using calculator
1. 4 answers
2. 519 views
Pre calc10For example right triangle A B C there is also small lower case a b c what are the uses of those?
1. 2 answers
2. 425 views
Math 10 pre calc chpt 1In a basement renovation, the contractor measured the length of a wall in a square room as 18ft.4in. The
1. 1 answer
2. 790 views
In the past, women were not allowed to vote. Why were women allowed to vote now? Like what factor helped changed this?
1. 1 answer
2. 485 views
Im not doing very well in socials 9, i will be going to socials 10 next year. Is the information continuous meaning do they add
1. 1 answer
2. 489 views
What issue,of the Industrial Revolution, in this image is addressing?
1. 2 answers
2. 476 views
The doctor who was late for an appointment dropped the x-rays into the puddle hurrying to the hospital.Which of the following is
1. 2 answers
2. 694 views
Last two problems on the homework! please help with these 2. it helps when detailed explanations are given! thanksA 2 kg ball is
1. 6 answers
2. 2,698 views
1. In The Diary of Anne Frank, Act I, what causes the Franks and the Van Daans to move into therooms on the top floor of the
1. 25 answers
2. 5,056 views
a ladder 17 feet long is leaned up against a house, reaching a height of 15 feet. how far from the house is the base of the
1. 3 answers
2. 1,359 views

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