AnswersEA Academy Civics 9Comparing Economic Systems

Comparing Economic Systems Answers

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Which factors affect the supply of a good or service? Choose three correct answers.celebrity endorsementsthe availability of natural resourcesconsumer habitsaccess to capitalnecessary workers

A
celebrity endorsements
B
the availability of natural resources
C
consumer habits
D
access to capital
E
necessary workers
2
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Complete each statement in the steps to solve x2 – 4x + 3 = 0 using the process of completing the square.

A
2
B
3
C
4
3

Complete each statement in the steps to solve x2 – 4x + 3 = 0 using the process of completing the square.

A
x – 2
B
+ 2
C
– 4
4

Complete each statement in the steps to solve x2 – 4x + 3 = 0 using the process of completing the square.

A
1
B
3
C
4
5

Which statement describes the law of demand?

A
When prices are lower, consumers will demand less of a good or service.
B
When prices are lower, consumers will demand more of a good or service.
C
For higher prices, producers will supply less of a good or service.
D
When prices are higher, consumers will demand more of a good or service.
6

Complete each statement in the steps to solve x2 – 4x + 3 = 0 using the process of completing the square.

A
subtracting 3 from
B
adding 3 to
C
multiplying by 3 on

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