The above figure shows a graph of the market for pizzas in a large town. If the price price rises from 7 to 8, what is the change in quantity demanded for pizzas?
A) -10
B) -30
C) -20
D) 20
A
Economics
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The slope of an indifference curve
A) measures total utility. B) is calculated by dividing the quantity of the good on the vertical axis by the quantity of the good on the horizontal axis. C) measures the marginal rate of substitution between the two goods in question. D) is calculated by dividing the price of good on the vertical axis by price of the good on the horizontal axis.
Economics
A(n) _____ is a set of equal annual payments received by an investor from the investment
a. perpetuity b. annuity c. interest d. capital value
Economics