Match the Following Terms with Their Descriptions Below

question 56

Multiple Choice

Match the following terms with their descriptions below.
-Responsible for continued regulation and enforcement of manufacturing and dispensing of dangerous and potentially abused drugs

• A)adverse reaction
• B)pharmacology
• C)DEA
• D)FDA
• E)side effects
• F)BNDD

---

Definitions:

Equilibrium Price

The price at which the quantity of goods suppliers are willing to sell equals the quantity consumers are willing to buy, also known as the market-clearing price.

Quantity Supplied

The quantity of a product or service that suppliers are ready and capable of offering for sale at a specific price point.

Quantity Demanded

The total number of units of a good or service that consumers are willing and able to purchase at a given price in a given time period.

Increase in Demand

A situation in which more of a product or service is desired, leading to a shift of the demand curve to the right.