Which of the Following Would NOT Be Considered a "Designated

question 40

Multiple Choice

Which of the following would NOT be considered a "designated group?

• A) Immigrants
• B) Women
• C) Aboriginals
• D) disabled people

---

Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to purchase at various prices.

Willingness to Pay

The maximum amount a consumer is ready to spend on a good or service.

Consumer Surplus

The discrepancy between the amount consumers are prepared to pay for a product or service and the price they actually spend.

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.