Use This Graph to Answer the Question

question 94

Multiple Choice

Use this graph to answer the question.

-What was the total increase in sales for the first 6 months from 2009 to 2010?

• A)$652,000
• B)$18,000
• C)$12,000
• D)$76,000

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Definitions:

Market Price

Market Price is the current price at which a good or service can be bought or sold in a marketplace.

Short Run

This is a period during which at least one factor of production is fixed, typically used in economic analyses to describe immediate effects of changes.

Produce

Agricultural products, especially fresh fruits and vegetables, that are grown for consumption.

Price

The fund requirements to procure a product or service.