In the Market for Personal Computers and in the Stock

question 70

Multiple Choice

In the market for personal computers and in the stock market:

• A) supply and demand shifts change prices and quantities.
• B) persistent shortages and surpluses rarely exist.
• C) in response to shifts in demand and supply, equilibrium is restored quickly.
• D) all of the above are true.

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Definitions:

Central Nervous System

The brain and spinal cord.

Nerve Fibers

Long extensions of neurons that transmit electrical signals between the brain and other parts of the body.

Ganglion

A structure containing a number of nerve cell bodies, typically linked by synapses, and often forming a swelling on a nerve fibre.

Adrenal Gland

Small glands located on top of each kidney that produce hormones such as adrenaline and cortisol, which are essential for stress response and metabolism.