-Refer to Exhibit 3-5

question 140

Multiple Choice

-Refer to Exhibit 3-5.In the market shown,if equilibrium was originally at point Z and the new equilibrium is now at point V,this change may have been caused by

• A) a decrease in consumers' income (assuming that this is an inferior good)and a simultaneous decline in technology in the production of this good.
• B) an increase in consumers' income (assuming that this is an inferior good)and a simultaneous improvement in technology in the production of this good.
• C) a decrease in consumers' income (assuming that this is an inferior good)and no change in supply.
• D) an increase in consumers' income (assuming that this is an inferior good)and no change in supply.

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Definitions:

Equipment Ground

A safety connection designed to protect against electrical shocks by providing a path for fault current to flow to earth ground.

Hot

Often refers to a conductor or component under voltage or at a higher temperature due to electrical resistance.

Ungrounded

Referring to an electrical system or device not connected to the ground, which can pose safety risks due to the potential for electric shock.

Ohm Load

An electrical load with a specific resistance value, measured in ohms, determining how much current will flow for a given voltage.