Assume That There Has Been an Increase in the Marginal

question 47

Multiple Choice

Assume that there has been an increase in the marginal productivity of construction workers building new housing. How might this affect the market for new housing?

• A) Demand for new housing will rise, leading to an increase in the equilibrium price and quantity of new housing.
• B) Supply of new housing will rise, leading to an increase in the equilibrium quantity and decrease in the price of new housing.
• C) Demand for new housing will fall, leading to a decrease in the equilibrium price and quantity of new housing.
• D) Supply of new housing will fall, leading to an increase in the equilibrium price and decrease in the quantity of new housing.

Understand the socio-economic factors contributing to disparities in supermarket distribution among different neighborhoods.

Summarize the contributions of organizations like Generations Ahead to intersectionality and awareness.

Explore relationships between poor health outcomes and socioeconomic factors such as the lack of grocery stores in marginalized neighborhoods.

Understand the mechanisms and theories of incentive motivation and its impact on behavior.

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Definitions:

Professional Responsibility

The duty to act in a morally correct, ethical, and professional manner while upholding the standards of one's profession.

Intimate Relationship

A close personal relationship that involves physical or emotional intimacy.

Ethical

Concerned with the principles of what is right and wrong behavior, and the goodness or badness of human character.

Agency Policy

Policies set by an organization or agency to dictate procedures, operations, and standards for its employees and the services it provides.