The above figure shows the market for pizza. The market is in equilibrium when some of the pizza firms go out of business. What point represents the most likely new price and quantity?
A) A B) B C) C D) D E) E
B
Economics
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The percentage of African-Americans whose incomes are in the bottom 40% of income earners in the U.S. is
A. about 37%. B. about 57%. C. about 24%. D. about 47%.
Economics
According to the above figure, planned consumption and income are equal at an income level of
A. Y2. B. Y1. C. Y0. D. Y3.
Economics