One slice of pizza costs 4 dollars, but an entire pizza with 8 slices does not cost 32 dollars . Explain why you think this is the case, making reference to the principle of marginal utility.

Suppose you and your brother shared two 12-in. pizzas, a mushroom pizza cut into 8 slices and a cheese pizza cut into 6 slices. If you ate 5 slices of the mushroom pizza, and your brother ate 3 slices of the cheese pizza, who ate more pizza?

Explain how quantity and price appear on a graph in economics, and use that information to explain why a demand curve is downward sloping.

What is the difference between change in quantity demanded and change in demand?

How is a minimum wage in the United States tied to the concept of economic equity?

Why is the term "law" used by economists when describing demand?

How is determining What, How, and For Whom by societies helped by demand?

The text states many Americans prefer to have no government involvement in the economy. From what you have learned so far about the history and development of the American free enterprise economy, why might these people hold this view? Explain your reasoning.

If you wanted to start your own small business, how might the federal, state, or local government help you in your endeavor? List a few government programs or services that might be helpful to an entrepreneur trying to start his or her own business for the first time.

Why are solutions to the gap between the rich and the poor in the United States difficult to implement? What solution would you suggest to remedy the gap?

Which of these is not a direct input for the timer in this system?

a. time manually entered by the user

b. electrical signals from the sensor

c. dryness of the clothes

d. heat from the heating element

e. electricity from the wall outlet

What are some new economic and social goals that you think Americans will share as the twentyfirst century develops? Identify a new goal, and explain how it will affect American economics.

Escribe una oracion nueva usando el pronombre de objeto indirecto correcto. Sigue el modelo. (Write a new sentence using the correct pronoun.)

Escribe una oracion nueva usando el pronombre de objeto indirecto correcto, Sigue el modelo. (Write a new sentence using the correct pronoun.)