Using the AS- AD Diagram, Show the Effects of an Increase

question 13

Essay

Using the AS- AD diagram, show the effects of an increase in the price of oil in the short run.

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Definitions:

Genes

The basic physical and functional units of heredity made up of DNA.

Zygotes

The initial cell formed when a new organism is produced by means of sexual reproduction, resulting from the union of an ovum and a sperm cell.

Somatic Cells

Any cell in the body that is not a germ cell (sperm or egg), making up the major part of tissues and organs.

Ova Cells

Female reproductive cells or egg cells that, when fertilized by male sperm cells, can develop into an embryo.