The Cost of Producing Aspirin Increases at the Same Time

question 73

Multiple Choice

The cost of producing aspirin increases at the same time as doctors discover that taking one aspirin per day reduces the risk of heart attacks.As a result,the

• A)supply of aspirin decreases and the demand for aspirin increases.
• B)supply of aspirin decreases by more than the demand for aspirin increases.
• C)supply of aspirin increases and the demand for aspirin decreases.
• D)equilibrium quantity of aspirin increases and the equilibrium price of aspirin rises.
• E)equilibrium quantity of aspirin decreases and the equilibrium price of aspirin rises.

---

Definitions:

Indorser

The person who signs and transfers a negotiable instrument, such as a check or promissory note, to another party.

Secondary Liability

The legal obligation to pay a debt if the primary obligor defaults, usually applied in cosigning contexts.

Blank Check

A check signed by the drawer with the amount left blank, allowing the payee to enter any amount.

Raising The Check

Increasing the amount payable on a check, often through unauthorized alteration.