The above figure shows a graph of the market for pizzas in a large town. Suppose that concern over dietary habits has led the government to impose a restriction that limits suppliers to produce only 40 pizzas
As a result, for prices greater than $7, the A) supply curve is unchanged.
B) supply curve is vertical.
C) demand curve becomes vertical.
D) demand curve becomes horizontal.
B
Economics
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GDP provides substantial information about an economy's income distribution
a. True b. False Indicate whether the statement is true or false
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The interest rate is determined by
a. government pronouncements. b. market forces of supply and demand. c. banks and lenders. d. managers of large corporations.
Economics