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Suppose That More Police and Security Workers Become Aware That

question 28

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Suppose that more police and security workers become aware that wearing bulletproof vests can protect them from injury and decide to start wearing bulletproof vests.At the same time,the price of ceramics used to produce the vests falls.The equilibrium price of bulletproof vests _____ and the equilibrium quantity produced _____.


Definitions:

Reaction

A process in which one or more substances (the reactants) undergo a transformation to form new substances (the products).

Organic Product

A compound or substance that has been synthesized through an organic reaction, featuring carbon-based molecular structures.

Reaction

A process that leads to the transformation of one set of chemical substances to another.

Acid Catalyst

A substance that increases the rate of a reaction by donating protons (H+) without being consumed in the process.

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