The Following Table Shows the Quantity Demanded and Quantity Supplied

question 66

Multiple Choice

The following table shows the quantity demanded and quantity supplied of grapefruits (in millions of kilos) :

-Refer to the table above to answer this question.If buyers think that the price of grapefruits is going to rise,causing the demand to change by 6 million kilos,what will be the new equilibrium price and quantity?

• A)$2.50 and 28 million kilos
• B)$2.75 and 26 million kilos
• C)$2.50 and 26 million kilos
• D)$3.00 and 36 million kilos

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Definitions:

Inductors

Electrical components that store energy in a magnetic field when electric current flows through them, typically used in filters and chokes.

Inductance

The property of an electrical conductor that causes it to oppose a change in the current flowing through it, stored in the magnetic field created by the current.

Henry

The SI unit of inductance, defined as the inductance in a circuit when an electromotive force of one volt is produced by a current changing at one ampere per second.

Left-hand Generator Rule

A rule used to determine the direction of induced current when a conductor moves through a magnetic field, utilizing the left hand to align thumb, forefinger, and middle finger perpendicularly.