Figure 3-11 -In Figure 3-11, Suppose D₁ and S₁ Indicate Initial Conditions

question 108

Multiple Choice

Figure 3-11
-In Figure 3-11, suppose D₁ and S₁ indicate initial conditions in the market for kitchen cabinets. Which of the following would tend to cause the supply curve to shift from S₁ to S₂?

• A) the invention of "folding" plates and cups that take up substantially less storage space in the kitchen
• B) a decrease in consumer income
• C) a decrease in the price of wood, a resource used to produce kitchen cabinets
• D) an increase in the price of steel hinges, a resource used to produce kitchen cabinets

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Definitions:

Keystone Species

A species that has a disproportionately large impact on its ecosystem, influencing the types and numbers of other species in a community.

Pioneer Species

First species to colonize previously disrupted or damaged ecosystems, initiating an ecological succession that leads to a more biodiverse steady-state ecosystem.

Keystone Species

A vital species within an ecosystem whose presence significantly influences the biodiversity and stability of the environment.

Exotic Species

Organisms introduced to a new habitat where they are not naturally found, often causing harm to the local ecosystem and native species.