When there is an increase in demand,
a. the demand curve shifts toward the origin of the graph.
b. the demand curve twists clockwise.
c. the demand curve shifts away from the origin of the graph.
d. the demand curve twists counterclockwise.
e. a lower price has increased the amount of the good that consumers will buy.
c
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During the last several decades the labor force participation rate
a. of women has increased substantially. b. of men has increased substantially. c. of women has steadily declined. d. of both men and women has steadily declined.
According to utilitarians, the ultimate objective of public actions should be to
a. ensure the poor can afford an adequate diet. b. distribute income uniformly. c. maximize the sum of individual utility. d. prevent all people from experiencing diminishing marginal utility.