Jack sells homemade chocolates and cookies. he expects the price of chocolates to increase around valentine’s day, so he prepares to make more chocolates in february. which economic concept lies behind jack’s decision to make more chocolates in february? a. equilibrium b. law of demand c. law of supply d. negative externality e. positive externality

C. law of supply

Explanation:

Law of supply is when an increase in price results in an increase in quantity supplied. Jack knows the price of chocolate will increase so he prepares more chocolate. I took the post-test and got 16/16.

when world war i broke out across europe in 1914, president woodrow wilson proclaimed the united states would remain neutral, and many americans supported this policy of nonintervention. however, public opinion about neutrality started to change after the sinking of the british ocean liner lusitania by a german u-boat in 1915; almost 2,000 people perished, including 128 americans. along with news of the zimmerman telegram threatening an alliance between germany and mexico, wilson asked congress for a declaration of war against germany. the u.s. officially entered the conflict on april 6, 1917.

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