The local grocery in a small southern city is the only option for the residents, so it has a monopoly on the grocery business there. When the population of the city grows and demand for groceries increases, what is the grocery store most likely to do?

The grocery will increase the prices.

Explanation:

If a grocery in a small city has a monopoly on the market, it means that it can control the price without any fear of competition, so it keep higher prices and make more profit. Since the people don't have any other place from where to shop, they have to accept those prices, as going to another place to buy the same things will cost them even more with the cost of travel.

If the population rises of the small city, and the grocery still has a monopoly on the market, the first thing that it will do is to increase the prices of the products. The reason as to why this move will be the first one is that the demand will be larger than what the grocery has at disposal for selling, and the people will compete to get to the products, putting the grocery in a poll position to make even more profit.

levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.

disorders of the brain include both behavior disorders and other psychiatric illnesses. the primary difference between a behavior disorder and another type of psychiatric disorder is the presence of choice. psychiatric conditions are considered to be involuntary while in behavior disorders, choices are essential.