A________is the change in the amount offered for sale in response to the change in price.

Fill in the blank(s) with the appropriate word(s).

Ans: change in quantity supplied

Economics

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Which political philosophy believes that the government should equalize the incomes of all members of society?

a. Utilitarianism. b. Liberalism. c. Libertarianism. d. None of the above is correct.

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The classic example of a private unregulated monopoly is:

A. Coca Cola B. Wham-O (Frisbee) C. General Motors D. General Electric

Economics