Using the Supply and Demand Model, What Is the Best

question 115

Multiple Choice

Using the supply and demand model, what is the best way to show the effects on the plywood market of households preparing for a hurricane? (Note: people use plywood to board up their homes to protect them from damage from a hurricane.)

• A) Supply curve shifted to the right, demand curve did not shift.
• B) Demand curve shifted to the right, supply curve did not shift.
• C) Both supply and demand curves shifted to the right.
• D) Supply curve moved right and demand curve shifted to the left.

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Definitions:

Sebaceous Glands

Oil-producing glands located in the skin, responsible for secreting sebum to lubricate and waterproof the skin and hair.

Pale Mucous

This refers to the appearance of lighter than normal mucous membranes, which can indicate anemia or other health conditions.

Dry Mucous

Condition where the mucous secretions are less than normal, leading to dryness in areas such as the nose, throat, and eyes.