The Following Diagram Represents the Demand for Trips to a Local

question 10

Multiple Choice

The following diagram represents the demand for trips to a local swimming pool during the summer.If the city subsidizes the swimming pool so that swimming is free,the number of people swimming each day will be:

• A) 0.
• B) 500.
• C) 1,000.
• D) 1,500.
• E) 2,000.

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Definitions:

Indifference Curve

A graph showing different combinations of two goods among which a consumer is indifferent.

Increase in Income

A situation where an individual or entity experiences a rise in their earnings or revenue over a period.

Video Games

Electronic games involving interaction with a user interface to generate visual feedback on a video device.

E-books

Digital versions of books that can be read on electronic devices such as e-readers, tablets, or computers.