The market for burritos in a college town is shown to the right. At price of $7, how much excess demand is there? A. 0; there is excess supply at $7. B. 20 units O C. 30 units OD. 10 units

The "quantity demanded" of any good or service is during a specified time period and at a specified price. A. the amount people are willing and able to offer B. the amount people are willing to buy because it is the amount sellers are willing to sell C. the amount people are willing to buy O D. the amount people are able to buy O E. the amount people are willing and able to buy Click to select your answer.

I think I'm right. Can you please check and explain why?

Price per Unit 10 8 6 4 2 0 3 Select one: O a. $3 b. $4.50 c. $5.25 d. $6 6 Supply Demand 9 12 Quantity per Period From the graph above, what price are buyers willing to pay for 5 units of the good? رون

V2

What happened to the equilibrium price and quantity of Chick-fil-A when Popeye's released their chicken sandwich? A. Price decrease, Quantity decrease B. Price decrease, Quantity increase C. Price increase, Quantity decrease D. Price increase, Quantity increase

Question 10

If the supply curve shifts to the right, what happends to the Proce and Quantity?

Only typed answer

15. Holding all else constant, a higher price for ski lift tickets would be expected to O A. increase the number of skiers O B. decrease the demand for other winter recreational activities O C. Decrease the supply of ski resorts O D. Decrease demand for skis