The Following Question Are Based on the Following Table

question 76

Multiple Choice

The following question are based on the following table:

-This table shows the number of theater tickets the public is willing to buy for a particular show at various prices.If we plotted the points in this table,the result would be a ________ curve.

• A) growth
• B) demand
• C) cost
• D) supply
• E) production possibilities

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Definitions:

Consumers

Individuals or groups that purchase or use goods and services generated within the economy.

Retailers

Businesses or individuals engaged in the selling of goods or merchandise directly to consumers, typically in small quantities.

Cyclical Unemployment

The increase in unemployment that occurs during recessions and downturns in the economic cycle, typically resulting from a decreased demand for goods and services.

Structural Unemployment

Unemployment caused by a mismatch between the skills or location of workers and the requirements of the job market.