Select the correct answer. Jack sells homemade chocolates and cookies. He expects the price of chocolates to increase around Valentine's Day, so he prepares to make more chocolates in February. Which economic concept lies behind Jack's decision to make more chocolates in February?
A. equilibrium
B. law of demand
C. law of supply
D. negative externality
E. positive externality
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Select the correct answer. Jack sells homemade chocolates and cookies. He expects the price of chocolates to increase around Valentine's ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
In Chapter One you learned about several human development theories, including psychoanalytic, cognitive, behavioral and social cognitive, ethological, and ecological theories.
Answers (1)
The technique or skill of persuading through your choice of words is called?
Answers (1)
The United States corporation system was an outgrowth of the New Deal. a. True b. False
Answers (1)
A) based on the national saving and investment identity, what are the three ways the macroeconomy might react to greater government budget deficits?
Answers (1)
What is some legislative that passed under Woodrow Wilson news freedom policy
Answers (1)
New Questions in Social Studies
The time it takes for monetary or fiscal policy to become effective is the: A. outside lag B. inside lag C. policy lag D. none of the above
Answers (1)
What type of research is designed specifically to test some developmental explanation and expand scientific knowledge?
Answers (1)
What do geographers call areas whose residents share a common characteristic? 1. Economic Spheres 2. Free-Trade Zones 3. Homogeneous 4. Regions
Answers (1)
How might reading a series of proverbs affect people?
Answers (1)
Drew forgot his glasses and couldn't see the speaker's visual aids. this is an example of what type of noise
Answers (1)