Which one of the following would cause a rightward shift in the demand curve of digital cameras?
A) Digital cameras become easier to use.
B) The price of digital cameras decreases.
C) Production methods are modified to make production of digital cameras more efficient.
D) Government regulations are imposed to limit the number of digital cameras imported.
A
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For the perfectly competitive broccoli producers in California, the market demand curve for broccoli is
A) a horizontal line. B) downward sloping. C) nonexistent. D) upward sloping. E) the same as the demand curve each firm faces.
In an attempt to reduce the poverty rate, there has recently been a movement away from income maintenance programs to
A) Supplemental Security Income programs. B) reducing the age a person can retire at. C) encouraging people to get jobs. D) incorporating the Lorenz policy in decisions.