Question: - 30. Holding all other things constant, a higher price for ski lift tickets would a. increase the number of skiers. b. increase the

- 30. Holding all other things constant, a higher price for ski

- 30. Holding all other things constant, a higher price for ski lift tickets would a. increase the number of skiers. b. increase the price of skis. c. decrease the number of skis sold. d. decrease the demand for other winter recreational activities. Figure 5-14 Price 430 220 100 2 5 9 14 c. $100 to $220 d. $220 to $430 20 Supply Quantity 31. Refer to Figure 5-14. Over which range is the supply curve in this figure the most elastic? a. $16 to $40 b. $40 to $100 32. In the circular-flow diagram, which of the following items does not flow from households to firms? a. revenue b. land, labor, and capital c. factors of production d. profit

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