Flour Is Used to Produce Bread

question 234

Multiple Choice

Flour is used to produce bread.If the price of flour increases,

• A) the demand for bread increases.
• B) the demand for bread decreases.
• C) the supply of bread increases.
• D) the supply of bread decreases.

---

Definitions:

Indifference Curve

A graph representing combinations of goods or services among which an individual is equally satisfied.

Equally Affordable

A condition where different goods or services have the same cost in terms of their value to a consumer, making them equally desirable.

Indifference Curves

Graphical representations in economics showing different combinations of two goods among which a consumer is indifferent in terms of utility or satisfaction.

Right Gloves

Garments designed specifically for the right hand, typically used for protection, warmth, or fashion.