Exhibit 4.7 -Suppose the Current Equilibrium Price of Pizza Is $5. If

question 164

Multiple Choice

Exhibit 4.7

-Suppose the current equilibrium price of pizza is $5. If the government decides the price of pizza cannot rise above $4, there would be _____

• A) a shortage of pizzas.
• B) a surplus of pizzas.
• C) a rightward shift of the supply curve of pizzas.
• D) no impact on the equilibrium price and quantity of pizzas.
• E) a rightward shift of the demand curve for pizzas.

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Definitions:

You Statements

Phrases that directly address the listener or reader, potentially creating a sense of personalization or confrontation.

Passive-voice Verbs

Verbs that are used to indicate that the subject of the sentence is the recipient of the action rather than the performer.

Depersonalize

The process of removing personal items and touches from a space, making it more neutral for viewers or potential buyers.

Cushion

A protective layer or material used to prevent damage from impacts or to provide comfort.