1. suppose we observe that as the price of lettuce increases from $1 to $2 per head, consumers buy only no
the number of heads of lettuce. this situation is best described as
a) an increase in demand.
b) a decrease in demand.
c) a decrease in the quantity demanded.
d) an increase in supply.
e) an increase in the quantity supplied.

Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.

Nba all-star baron davis and his school friend, cash warren, premiered their first movie "made in america" at the sundance festival in january 2008. the movie, based on gang activity in south central los angeles, received good reviews.    source: the new york times, february 24, 2008         draw baron davis's ppf. label it ppfdavis. draw your own ppf. label it ppfmine.

Katrina mendoza is a senior manager in a manufacturing firm that hires lobbyists to influence legislation that affects the manufacturing industry. katrina's firm takes a(n) stance toward the marketing environment.