The Following Figure Shows the Market for Grapefruit (In Kilos)

question 160

Multiple Choice

The following figure shows the market for grapefruit (in kilos) :

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

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

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Definitions:

Reflex Arc

The neural pathway that controls a reflex action, involving a sensory nerve and a motor nerve with a synapse.

Efferent Neuron

A type of neuron that carries signals away from the central nervous system towards the periphery to initiate action or movement.

Central Canal

The longitudinally extending space filled with cerebrospinal fluid that spans the full length of the spinal cord.

Gray Commissure

A narrow band of gray matter that connects the two halves of the spinal cord, located around the central canal.