Refer to Table 3-4. The table above shows the demand schedules for cashews of two individuals (Jordy and Amy) and the rest of the market. At a price of $6, the quantity demanded in the market would be

Which of the following will not shift the demand curve for a good?

A) an increase in population B) a decrease in the price of a substitute good C) an increase in consumer incomes D) an increase in the price of the good

Between 1860 and 1914, the concentration of industrial power did increase. What did members of the general public perceive to be the result of this heavy concentration?

(a) Expanded output (b) Lower prices (c) A transfer of income away from consumers toward big businesses (d) All of the above