Figure: 13-5b -In Figure 13-5b,as the Two Diagonal Lines on a Demand

question 307

Multiple Choice

Figure: 13-5b
-In Figure 13-5b,as the two diagonal lines on a demand curve graph show a shift from left to right,it most likely represents

• A)an increase in demand that did not require an increase in price.
• B)an increase in demand that required an increase in price.
• C)no change in price and no change in demand.
• D)no change in demand or price but a greater profit due to economies of scale.

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Definitions:

Environmental Impact

The effect of human activity on the natural environment, which can range from pollution and destruction of ecosystems to conservation and restoration efforts.

Social Responsibility

refers to the obligation of individuals, organizations, and governments to act in a way that benefits society at large, beyond their own interests.

Dominant Social Paradigm

The prevailing set of values, beliefs, and practices in a society that influence and regulate people's behavior and interactions.

Rapid Industrialization

The accelerated development and growth of industry in a region or country, typically marked by significant technological, economic, and social changes.