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Indicate which of the following would cause a movement from
point A to C. (Check al that apply)
The difference between a change in supply and a change in the
quantity supplied is that the latter is
5. Suppose the curves in the figure to the right represent two supply
curves for traditional wings (basket of six) at Buffalo wild Wings
The movement from point A to B os S1 is caused by
Indicates which of the following would cause a movement from
point A to C
6. Suppose that the table on the right shows the quantity supplied of
UCG boots at five different prices in 2014 and in 2015
Refer to the table to the right note the change in the quantity
supplied of UCG boots from 2014 to 2015
Which of the following variables could explain the change in
the quantity supplied observed in 2015?
If the market price ‘Pmkt’ is equal to the price ‘Po’, then
quantity supplied is ……. Quantity demanded and the market is
in …….
7. Consider the market for gasoline, illustrated in the figure to the
right.
The equilibrium quantity of gasoline is … million gallons and
the equilibrium price $......per gallon
If instead the market price were $1.75, then there would be
a …….. of … million gallons