The Figure Above Shows the Supply Curve for Pizza and the Market

question 197

Multiple Choice

The figure above shows the supply curve for pizza and the market price of pizza.
-In the figure above,the minimum price that must be offered for the 5,000th pizza a day to be produced is

• A) $6.
• B) $10.
• C) $8.
• D) $2.
• E) $4.

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Definitions:

Capital Contributions

Funds or assets contributed to a company by owners or shareholders, typically used to fund business operations or expansion.

Total Share

The aggregate number of shares that represents ownership in a company, including both common and preferred stock.

Net Income

The amount of money remaining after all operating expenses, taxes, and interest have been deducted from total revenue.

Income Distribution

Refers to the manner in which total income is divided among the holders of different types of financial securities and assets.