The Price of Cereal Rises

question 26

Multiple Choice

The price of cereal rises. As a result, people have cereal for breakfast on fewer days and eat eggs instead. This behavior is an example of

• A) a decrease in the quantity supplied of cereal because of the substitution effect.
• B) an increase in the quantity demanded of eggs because of the income effect.
• C) an increase in the quantity supplied of eggs because of the income effect.
• D) a decrease in the quantity demanded of cereal because of the substitution effect.

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Definitions:

Lose Heat

The process by which the body releases excess temperature through mechanisms such as radiation, convection, conduction, or evaporation.

Bedsore

A type of pressure ulcer that develops on skin and tissues as a result of prolonged pressure, commonly affecting individuals who are bedridden or immobilized.

Decubitus Ulcer

A pressure sore or ulcer that forms on the skin due to prolonged pressure, often affecting bedridden individuals.

Nail Root

The part of the nail beneath the skin, from where the nail starts to grow.