Suppose That Joan, the Only Consumer of Pork, Has a Downward-Sloping

question 181

Multiple Choice

Suppose that Joan, the only consumer of pork, has a downward-sloping demand curve for pork and faces an upward-sloping supply curve.If her demand curve shifts out because she develops a craving for pork, then at the new equilibrium (everything else equal) ,

• A)the price of pork relative to other goods will be higher than before.
• B)Joan's marginal utility from every unit of pork she eats will be higher than before.
• C)Joan's real income will be lower than before.
• D)All of the above are correct.

---

Definitions:

Disparate Treatment

A form of discrimination where individuals are treated differently based on prohibited factors, such as race, age, or gender, in similar situations.

Prima Facie Case

is a case in which the evidence before a trial is sufficient to prove the position unless contradicted by evidence presented during the trial.

Title VII

A part of the 1964 Civil Rights Act that forbids discrimination in employment due to an individual's race, skin color, religious beliefs, gender, or country of origin.

Protected Class

Groups of people legally protected from discrimination by law, based on characteristics such as race, gender, age, or sexual orientation.