Refer to Scenario 3

question 297

Multiple Choice

Refer to Scenario 3.2 below to answer the question(s) that follow.
SCENARIO 3.2: Lettuce and spinach are substitutes. Lettuce and tomatoes are complements. Lettuce is a normal good. During the winter, about 20% of the lettuce crop was destroyed by flooding.
-Refer to Scenario 3.2. The floods that destroyed part of the lettuce crop would have caused the equilibrium price of spinach to ________ and the equilibrium quantity of spinach to ________.

• A) decrease; decrease
• B) decrease; increase
• C) increase; increase
• D) increase; decrease

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Definitions:

Untreated Control

A control group in an experimental study that does not receive the intervention or treatment being tested, used for comparison.

Misdiagnosing

Incorrectly identifying a disease or condition, leading to inappropriate treatment or management of the patient.

Psychological Disorder

A mental, emotional, or behavioral pattern that causes significant distress or impairment in personal, social, or occupational functioning.

Self-fulfilling Prophecy

A belief or expectation that influences individuals to act in ways that cause the belief to come true.