Referring to the Economics in Practice on Page 320: a Successful

question 189

Multiple Choice

Referring to the Economics in Practice on page 320: A successful celebrity endorsement of a product will likely shift the demand curve for the product to the ________, resulting in ________ in the equilibrium price of the item.

• A) right; an increase
• B) right; a decrease
• C) left; an increase
• D) left; a decrease

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Definitions:

Obesity

A medical condition characterized by excessive body fat that increases the risk of health problems.

Bad

Having detrimental qualities or causing harm, discomfort, or dislike; morally objectionable.

Consensual Sex

Sexual activity that involves the full and voluntary agreement of all parties involved.

Gay Power Movement

A socio-political movement aiming to promote the rights, acceptance, and empowerment of individuals identifying as gay.