Use the Following to Answer Questions

question 59

Multiple Choice

Use the following to answer questions:
Figure: Demand, Supply Shifts
-(Figure: Demand, Supply Shifts) In the figure, the initial demand curve is D₁ and the initial supply curve is S₁. Resource prices in this market increase; at the same time, the consumer population declines as migration causes an outflow of population to other regions. What happens to the supply curve and/or demand curve?

• A) S₁ shifts to S₂ but then shifts back to S₁. D₁ remains at D₁.
• B) S₁ shifts to S₃ and D₁ shifts to D₂.
• C) S₁ shifts to S₂ and D₁ shifts to D₃.
• D) S₁ shifts to S₂ and D₁ shifts to D₂.

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Definitions:

Diversity

Refers to the inclusion of different types of people (such as people of different races, cultures, genders) in a group or organization.

Feelings

Emotional states or reactions that are subjectively experienced as part of an individual's consciousness.

Exclusion

The act of preventing someone's participation or access to a group, activity, or resource.

Conflict

A struggle or clash between opposing forces, arising from differences in ideas, values, or interests.