Which of the following is not an example of a business operated by a consumer cooperative?
a. grocery store
b. apartment building
c. Sunkist, a farm cooperative owned and operated by citrus growers
d. health plan
e. electric power facility
C
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An increase in the demand for lobster due to changes in consumer tastes, accompanied by a decrease in the supply of lobster as a result bad weather reducing the number of fishermen trapping lobster, will result in
A) a decrease in the equilibrium quantity of lobster and no change in the equilibrium price. B) an increase in the equilibrium price of lobster and no change in the equilibrium quantity. C) a decrease in the equilibrium quantity of lobster; the equilibrium price may increase or decrease. D) an increase in the equilibrium price of lobster; the equilibrium quantity may increase or decrease.
A rightward shift of the investment demand curve will
A. decrease the real rate of interest. B. shift the investment schedule downward. C. decrease the quantity of investment. D. shift the investment schedule upward.