As the Price of Cell Phones Fell During the Last

question 225

Multiple Choice

As the price of cell phones fell during the last decade, consumers' total expenditures on cell phones increased. If the demand curve for cell phones did not shift, this fact means that the demand for cell phones

• A) must have shifted leftward.
• B) must be upward sloping.
• C) is elastic.
• D) is inelastic.

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Definitions:

Desegregation

The process of ending the separation of two groups, typically referring to racial desegregation in schools, public places, and work environments in the United States.

Max Schmeling

A German heavyweight boxer famous for his bouts in the 1930s, including a championship victory and a politically charged defeat against Joe Louis.

Anti-German Sentiment

Negative perceptions and feelings towards Germans, often manifesting in social, economic, and political discrimination, especially noted during World War I and II.

Camp Lejune

A military training facility for the United States Marine Corps located in North Carolina, known for its extensive size and training capabilities.