Refer to the Graph Below

question 213

Multiple Choice

Refer to the graph below.The graph shows the market for a good. Identify a correct statement about the market.

• A)The market equilibrium has shifted from point M to point K.
• B)An increase in the supply of the good is more than the increase in the demand for the good.
• C)The new market equilibrium price and quantity are both greater than the original market equilibrium price and quantity.
• D)Point M is the new market equilibrium.

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Definitions:

Drugs

Substances used to diagnose, treat, cure, or prevent diseases or to enhance physical or mental well-being.

Viruses

Microscopic infectious agents that can only replicate inside the living cells of an organism, responsible for various diseases.

Malnutrition

Health complications caused by a dietary imbalance, where there is an excess or deficiency of vital nutrients.

Preterm

A birth that occurs two or more weeks before the full 38 weeks of the typical pregnancy—that is, at 36 or fewer weeks after conception.