Which of the Following Is Most Likely to INCREASE Consumer

question 80

Multiple Choice

Which of the following is most likely to INCREASE consumer surplus in the market for cotton T-shirts?

• A) Weather provides for a bountiful cotton harvest.
• B) Consumer incomes fall and cotton T-shirts are normal goods.
• C) The price of polyester T-shirts falls.
• D) The price of industrial sewing machines used to produce garments increases.

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Definitions:

Population Age Structure

The distribution of individuals in a population according to their ages, which influences growth rates and demographic trends.

Prereproductive

Referring to organisms or life stages that have not yet reached the age or stage where they can reproduce.

Demographic Transition Model

A theoretical model that describes the stages a country goes through as it transitions from a non-industrial to an industrial economic system, influencing birth and death rates and overall population growth.