If Prices Are "Stuck" and There Is an Unexpected Demand

question 31

Essay

If prices are "stuck" and there is an unexpected demand increase, describe what happens in the economy.

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Definitions:

Structural Adaptation

Physical features of an organism that have evolved to help it survive or thrive in its environment.

Feathers

Specialized skin growths in birds, contributing to flight, insulation, and display.

Maintaining Temperature

The process by which living organisms regulate their internal temperature within certain limits despite external environmental changes.

Shivering

An involuntary response to cold temperatures, producing heat through rapid muscle contractions to maintain body temperature.