The figure below shows a single consumer's demand for ice cream at the student union. 
An increase in the number of students on this campus would cause:
A. the market demand curve for ice cream from the student union to shift to the right.
B. the demand curve shown above to shift to the right.
C. the demand curve shown above to shift to the left.
D. no change in the market demand curve for ice cream from the student union.
Answer: A
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Which of the following groups benefits from regulation, according to the special interest theory of regulation?
a. all consumers b. all producers c. only certain consumers d. only certain producers e. society as a whole
People behave rationally when they
A. make decisions they think will make themselves better off. B. follow the advice of government leaders. C. make decisions with a focus only on financial outcomes. D. never have regrets about their decisions.
Bonnie is a self employed. She makes floral arrangements in a building she rents. She owns the delivery vehicle and has hired a delivery driver. She is an example of
A. entrepreneurial ability. B. human capital. C. physical capital. D. labor.
When the economy is at its equilibrium GDP level, all of the following will occur, except:
A. Aggregate expenditures = GDP B. Inventories will be zero C. Saving equals planned investment D. There are no unplanned changes in inventories