If, for a Given Amount of a Good or Service

question 91

Multiple Choice

If, for a given amount of a good or service, willingness to pay decreases, then:

• A) supply has increased.
• B) supply has decreased.
• C) demand has increased.
• D) demand has decreased.

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Definitions:

Olfactory Receptors

Specialized nerve cells in the nose responsible for detecting and processing smells.

Airborne Molecules

Airborne molecules are particles or substances that are small enough to be suspended in the air, which can include pollutants, allergens, or fragrances, and can be inhaled by organisms.

Activated

Refers to the state of being in a heightened level of alertness or readiness for action.

Taste Buds

Sensory organs located on the tongue, capable of detecting sweet, sour, salty, bitter, and umami flavors.