Which of the following will not shift the demand curve for grapefruit to the right?
A. An announcement that eating a grapefruit before every meal will induce weight loss.
B. A technical development that allows machines to replace the workers who harvest grapefruit.
C. The price of oranges, a substitute good, increases.
D. Consumer incomes increase and grapefruit is a normal good.
Answer: B
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Answer the following statement true (T) or false (F)
Refer to the above table. Amy's utility schedule shows
A. initially decreasing marginal utility and then increasing marginal utility. B. diminishing marginal utility throughout her entire schedule. C. increasing marginal utility throughout her entire schedule. D. initially increasing marginal utility and then decreasing marginal utility.