The Figure Above Shows the Market for Pizza

question 264

Multiple Choice

The figure above shows the market for pizza.
-In the figure above,if pizza production increases to 15,000 pizzas a day,the deadweight loss is

• A) $45,000 per day.
• B) $12,500 per day.
• C) $22,500 per day.
• D) $90,000 per day.
• E) zero.

Understand the significance of DNA, chromosomes, and genes in heredity.

Recognize how genetic predispositions interact with environmental factors to influence individual differences.

Demonstrate knowledge of strategies for drug prevention and treatment.

Understand the basics of behavior genetics and its application to human behavior.

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Definitions:

Production Incentives

Motivational factors or rewards designed to encourage increased productivity or output by workers or companies.

Marginal Productivity Theory

An economic theory that explains income distribution based on the productivity of the factor inputs in producing goods and services.

Income Distribution

The way in which a nation’s total income is spread among its population, affecting economic inequality.

Output Value

The total value of all goods or services produced by a firm or economy, often measured in terms of monetary value.