This Diagram Shows Hypothetical Demand Curves for Individuals a and B

question 68

Multiple Choice

This diagram shows hypothetical demand curves for individuals A and B.

The differences in their slopes suggest that consumer A and consumer B

• A) have very different income levels.
• B) have different tastes.
• C) are not subject to the law of diminishing marginal utility.
• D) are charged different prices for the same commodity.
• E) are offered different amounts to purchase.

---

Definitions:

Energized Circuit

A circuit that is under voltage and capable of providing electrical power to connected devices or equipment.

Extended Periods

Lengthy durations or time frames, often referring to the operation or application of something over a long period.

Centrifugal Switch

A device that opens or closes an electrical circuit based on the speed of the rotating shaft, commonly used in motors.