Answer:
a. trade-offs
c. marginal thinking
Explanation:
Marginal thinking is when a decision maker evaluates the marginal benefits and marginal cost of a certain activity. Daniel is trying to evaluate if the extra calories (marginal cost) he would get from eating the 5th size of pizza (marginal benefit) is worth it.
Trade offs is also known as opportunity cost. It is what is sacrificed in order to carry out a certain activity. If Daniel eats the pizza, he's sacrificing a more healthy body for the extra slice of pizza.
I hope my answer helps you
Answer: A. consumer expectation of an increase in their future income.
Explanation:
The supply curve is simply a graph that shows the relationship that is between the price of a particular good and the amount of quantity that is supplied.
A leftward shift in the supply curve for a good simply means that less of that good is supplied. All tye options will cause less of the goods to be supplied except consumer expectation of an increase in their future income.
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