Which One of the Following Correctly Describes How Price Adjustment

question 69

Multiple Choice

Which one of the following correctly describes how price adjustment eliminates a surplus?

• A)As the price rises,the quantity demanded decreases and the quantity supplied increases.
• B)As the price rises,the quantity demanded increases and the quantity supplied decreases.
• C)As the price falls,the quantity demanded decreases and the quantity supplied increases.
• D)As the price falls,the quantity demanded increases and the quantity supplied decreases.
• E)As the price falls,the demand for substitutes decreases,which eliminates the surplus.

---

Definitions:

Amino Acids

Biomolecules that function as protein precursors, featuring both amino and carboxyl functional groups.

Pleated Sheets

Structures formed by folding of polypeptide chains in proteins, stabilized by hydrogen bonds, contributing to the protein's tertiary and quaternary structures.

α-Helix

A common structural motif in proteins, characterized by a right-handed coiled configuration of the polypeptide chain.

Secondary Structure

The local folded structures that form within a polypeptide due to interactions between atoms in the backbone.