Which of the following is not true regarding a change in quantity demanded?
a. A change in quantity demanded is shown by a movement along a given demand curve.
b. The demand curve shifts whenever the quantity demanded changes.
c. A change in the price of a good, other things constant, will lead to a change in quantity demanded.
d. The lower the price of a product, other things constant, the higher the quantity demanded.
e. A shift of the supply curve might cause a change in quantity demanded.
B
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To achieve the efficient amount of use of a common resource, the use should be such that ________ equals ________
A) marginal social cost; marginal private cost B) marginal social cost; marginal social benefit C) marginal social benefit; marginal private cost D) marginal private cost; marginal private benefit
Poll taxes are:
A. a way to disenfranchise the poor. B. used to disenfranchise those groups even when the right to vote exists. C. a tax that must be paid in order to cast a vote. D. All of these are true.