The Price of Salsa Rises

question 115

Multiple Choice

The price of salsa rises. How does the increase in the price of salsa affect the supply of salsa?

• A)There is no change to either the supply of salsa or the quantity of salsa supplied.
• B)The supply of salsa increases.
• C)There is no change to the supply of salsa, but the quantity of salsa supplied decreases.
• D)The supply of salsa decreases.
• E)There is no change to the supply of salsa, but the quantity of salsa supplied increases.

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A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, often provided as a workplace benefit.

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Financial arrangements designed to help individuals save and invest money for their retirement, often offering tax advantages and employer contributions.

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Financial programs established by employers to provide retirement income to employees, funded during their working years.

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Employment benefits that an employer is legally required to provide to employees, such as social security and workers' compensation.