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Author Question: The above figure shows a graph of the market for pizzas in a large town. At a price of 10, there ... (Read 41 times)

lindiwe

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on: Jul 1, 2018
The above figure shows a graph of the market for pizzas in a large town. At a price of 10, there will be
 
  A) no pizzas supplied.
  B) equilibrium.
  C) excess supply.
  D) excess demand.

Question 2

If the demand curve is given by Q = a + bp, then a is
 
  A) negative.
  B) the quantity demanded when price is zero.
  C) the slope of the demand curve.
  D) measured in money.


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lucas dlamini

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


lindiwe

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

Dominic

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Reply 3 on: Yesterday
Wow, this really help

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