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-In the Above Figure,the Movement from Point a to Point

question 175

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  -In the above figure,the movement from point a to point b reflects A)  an increase in the price of pizza. B)  an increase in the supply of pizza. C)  an increase in the number of producers of pizza. D)  a decrease in the cost of the tomato sauce used to produce pizza. E)  a decrease in income if pizza is a normal good.
-In the above figure,the movement from point a to point b reflects

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Definitions:

Supply Curve

A graphical representation that shows the relationship between the price of a good and the quantity of the good that producers are willing and able to sell.

Carrots

In a metaphorical sense, incentives or rewards used to motivate behavior; in a literal sense, a root vegetable typically orange in color.

Supply Curve

A graph showing the relationship between product price and quantity of product that a seller is willing and able to supply.

Quantity Supplied

The amount of a certain good or service that producers are willing to supply at a given price.

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