What Would Happen to the Equilibrium Price and Quantity of Golf

question 215

Multiple Choice

What would happen to the equilibrium price and quantity of golf club memberships if the price of landscaping and grass maintenance fell, the price of golf clubs fell, more golf courses decided to offer memberships, and health officials announced that playing golf was bad for you?

• A) price will fall and the effect on quantity is ambiguous
• B) quantity will fall and the effect on price is ambiguous
• C) quantity will rise and the effect on price is ambiguous
• D) effect on both price and quantity is ambiguous

---

Definitions:

Interstate Commerce

Involves trade, traffic, or transportation of goods or services across state lines within the United States.

Protectionist State Restrictions

Regulations implemented by a state to protect its domestic industries from foreign competition, often through tariffs, quotas, and other trade barriers.

Taxing Power

Taxing Power is the governmental authority to impose taxes on individuals, entities, and transactions to raise revenue for public purposes.

Federal Government

The national government of a federal state, where powers are divided between a central authority and constituent political units (like states or provinces).