Metabolism Is

question 13

Multiple Choice

Metabolism is

• A) the breakdown of food in the digestive tract.
• B) the creation of complex molecules from smaller units.
• C) all the chemical reactions that occur in the body.
• D) the chemical processes performed by the liver.

---

Definitions:

Excess Demand

A market condition in which the quantity demanded of a good or service exceeds the quantity supplied at a given price, leading to upward pressure on price.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price level, at a specific time.

Excess Demand

Occurs when the quantity demanded of a good or service at the current price exceeds the quantity supplied, often leading to upward pressure on prices.

Market Equilibrium

A state where the supply of goods matches demand, resulting in stable prices.