The elasticity of a straight-line demand curve is the same as its slope

Gary, Kevin, and Joshua are three individuals who were previously employed but do not have jobs now. Gary lost his job a year ago

Although he would like to have a job, he has given up looking for one as he thinks there are no suitable jobs available for him. Kevin was working as a finance teacher, but quit his job a few months back to become a stock broker. Ever since he quit his job, he is unable to get a new one, although he is actively seeking. Joshua was employed in a steel mill. He lost his job when the labor union in his mill demanded a hike in wages. Classify the three individuals according to their type of unemployment.

Refer to the information provided in Figure 2.6 below to answer the question(s) that follow. Figure 2.6Refer to Figure 2.6. If the economy is at ppf1, a change in consumer preferences would be shown by a

A. movement along ppf1. B. movement along ppf2. C. shift from ppf1 to ppf2.  D. shift from ppf2 to ppf1.