The Federal Trade Commission is an agency that would enforce

If the costs of producing pizza increase, which will occur?

A) The supply of pizza will decrease. B) The demand curve for pizza will shift leftward when the price of a pizza increases. C) Pizza will cease to be produced and sold. D) The quantity of pizzas supplied will increase as sellers try to cover their costs. E) The demand curve for pizza will shift rightward when the price of a pizza increases.

A trade-off typically exists between incurring a moral hazard and making an adverse selection

Indicate whether the statement is true or false