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

question 268

Multiple Choice

The figure above shows the supply curve for pizza and the market price of pizza.
-In the figure above,the cost of producing 10,000 pizzas a day is

• A) $60,000.
• B) $100,000.
• C) $40,000.
• D) $80,000.
• E) $50,000.

---

Definitions:

Trade Deficit

An instance where the value of goods and services a country imports is greater than what it exports, causing a trade imbalance negatively.

Economic Colony

A region or country under the economic control or influence of another, often exploited for its resources.

Prime Exporter

A country or firm that is the leading seller of goods or services to foreign countries, thereby holding a significant share of international trade in certain commodities or products.

Trade Surplus

A situation where a country exports more goods and services than it imports, leading to a positive balance of trade.