FIGURE 13- 3 the Demand and Supply Curves Shown Below

question 108

Multiple Choice

FIGURE 13- 3 The demand and supply curves shown below apply to a competitive market for a factor used in the production of widgets.

-Refer to Figure 13- 3.If the supply and demand curves for the factor are as shown in the diagram,but the wage being paid is $9,and the market is at point C,

• A)the demand curve will shift to the left until equilibrium factor price and quantity are re- established.
• B)the demand curve will shift to the right until equilibrium factor price and quantity are re- established.
• C)the marginal revenue product is not equal to the marginal cost of the factor and firms will increase the amount of the factor employed.
• D)the wage is higher than the factor's marginal product,and firms will reduce the amount of the factor employed.
• E)the wage is higher than the factor's marginal revenue product,and firms will reduce the amount of the factor employed.

Understand how the nephron regulates body fluids and electrolytes and removes wastes.

Understand the diagnostic role of urinalysis and what it can reveal about kidney function.

Recognize the role of specific cell structures in nephron function.

Explain the passive processes involved in the filtration at the renal corpuscle.

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