A#10 Data

Benchmark 4-A:

analyze the ways individuals, households, businesses, governments and societies make decisions, are influenced by incentives (economic and intrinsic) and, the availability and use of scarce resources, and that their choices involve costs and varying ways of allocating:

#10 Standards with Test Item Specifications:

Use quantitative data to analyze economic information.

Sample Question

If pizza is priced at $2.00 per slice, what would be the result?

A. There would be a $1.00 shortage.

B. There would be a $1.00 surplus.

C. There would be a 400 unit shortage.

D. There would be a 400 unit surplus.*