An Increase in Demand Will Result In

question 48

Multiple Choice

An increase in demand will result in:

• A) higher economic profits, entry, zero economic profits
• B) zero economic profits, entry, higher economic profits
• C) entry, zero economic profits, higher economic profits
• D) entry, higher economic profits, zero economic profits

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Definitions:

Literacy Tests

Literacy tests were historically used to disenfranchise voters, predominantly African Americans, by requiring them to demonstrate reading ability and knowledge of the constitution before voting.

Voting

The act of expressing a choice or preference in an election or decision-making process.

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A significant political rally that took place in Washington, D.C., in 1963, advocating for civil and economic rights for African Americans.

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A famous speech delivered by Martin Luther King Jr. advocating for civil rights and an end to racism in the United States.