Which of the Following Is Motivated by an Equity Concern

question 5

Multiple Choice

Which of the following is motivated by an equity concern?

• A)Some U.S.colleges have cut back on merit scholarships since these programs siphon money from need-based programs,thus harming lower-income students with greater financial need.
• B)Following the removal of subsidies in urban water use,household demand for water decreased quite significantly in Bogor,Indonesia.
• C)In November 2003,the Federal Communications Commission implemented the "local number portability" rule which gives cell phone customers the option of keeping their number when they switch carriers within the same geographic region.
• D)The United States protects intellectual property rights,allowing inventors to prevent others from using their inventions without payment.

Identify and describe the significance of indifference curves and consumer preferences.

Explain the effects of price changes on consumer behavior, including the substitution effect.

Understand how utility is maximized by selecting optimal combinations of goods within budget constraints.

Apply the principles of marginal utility and the marginal rate of substitution in decision-making.

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Definitions:

Academic Ability

The capacity to perform cognitive tasks and understand concepts related to educational learning and achievement.

Attitude

A settled way of thinking or feeling about something, which is often reflected in a person's behavior.

Gender Roles

The social and cultural expectations associated with being male or female, influencing behavior, activities, and perceptions in various societal contexts.

Skills

Abilities or expertise gained through training or experience that enable the performance of specific tasks.