Flour Is the Main Input in the Production of Bread

question 277

Multiple Choice

Flour is the main input in the production of bread. All else equal, if the price of flour decreases, what would we expect?

• A) the supply of bread to decrease
• B) the demand for bread to decrease
• C) the supply of bread to increase
• D) the demand for bread to increase

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Definitions:

Gallbladder

A small, pear-shaped organ located beneath the liver, which stores and concentrates bile produced by the liver.

Bile

A digestive fluid produced by the liver and stored in the gallbladder, that aids in the digestion and absorption of fats in the small intestine.

Common Bile Duct

A duct in the digestive system that conveys bile from the liver and gallbladder to the duodenum.

Cystic Duct

A short duct that connects the gallbladder to the common bile duct, which then carries bile to the intestine.