An Increase in the Equilibrium Price of Electricity Can Be

question 6

Multiple Choice

An increase in the equilibrium price of electricity can be caused by

• A)An increase in the supply of electricity.
• B)An increase in the demand for electricity.
• C)A decrease in the demand for electricity.
• D)An increase in the quantity demanded of electricity.

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Definitions:

Microevolution

The change in allele frequencies that occurs over time within a population, leading to the evolution of small-scale adaptations.

Macroevolution

Evolutionary patterns and trends on a larger scale than microevolution; e.g., adaptive radiation, coevolution.

Fertilization

The process of a sperm cell joining with an egg cell to produce a zygote, initiating the development of a new organism.

Trait Variations

Genetic differences among individuals, resulting in the diversity of phenotypes within a population.