Suppose That Supply for Some Good Increases and That Simultaneously

question 88

Multiple Choice

Suppose that supply for some good increases and that simultaneously the demand for the same good decreases. The result would be

• A)a decrease in P and an indeterminate change in Q.
• B)no change in either P or Q.
• C)an increase in Q and a decrease in P.
• D)a decrease in Q and an indeterminate change in P.
• E)an increase in Q and an increase in P.

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Definitions:

Respiration

The biological process involving the exchange of gases between an organism and its environment, crucial for cellular energy production through the intake of oxygen and release of carbon dioxide.

Waste Excretion

The process by which living organisms eliminate waste products of metabolism and other non-useful materials from their bodies.

Predation

An interaction where one organism, the predator, kills and eats another organism, the prey.

Swim Bladder

The hydrostatic organ in bony fishes that permits the fish to hover at a given depth.