Assume the Graph Shown Represents the Market for Pizzas Sold

question 111

Multiple Choice

Assume the graph shown represents the market for pizzas sold in an hour. If the original equilibrium was D and S1. Which of the following is true when S1 shifted to S2?

• A) Equilibrium price decreased by $5.
• B) Equilibrium quantity increased by 20.
• C) Equilibrium price increased by $5.
• D) Equilibrium quantity increased by 30.

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Definitions:

Specific Phobia

An intense, irrational fear of particular objects, situations, or activities that leads to avoidant behavior.

Irrational Anxiety

Excessive worry or fear that is not based on fact or rational reasoning, often manifesting without an identifiable cause.

Sight Of Blood

A common phobia or trigger that can cause fear, fainting, or discomfort in some individuals.

Agoraphobia

An anxiety disorder characterized by an intense fear of being in places or situations where escape might be difficult or help unavailable, often leading to avoidance behaviors.