(Figure: Interpreting a Market Graph) the Graph Represents

question 152

Multiple Choice

(Figure: Interpreting a Market Graph) The graph represents:

• A) willingness-to-pay.
• B) the price system.
• C) the law of supply.
• D) the law of demand.

---

Definitions:

John D. Rockefeller

An American industrialist and philanthropist who played a pivotal role in the establishment and growth of the oil industry.

Settlement House Movement

A social reform movement that began in the late 19th and early 20th centuries, aimed at improving the lives of the poor by establishing community centers in urban areas.

Hull House

A settlement house founded by Jane Addams and Ellen Gates Starr in 1889 in Chicago, aimed at improving social and living conditions for immigrants and the poor.

Denis Kearney

An Irish-American immigrant known for his role in the late 19th century as a labor leader in California, advocating against Chinese immigration.