If the Current Price of a Good Is the Same

question 62

Multiple Choice

If the current price of a good is the same as that found at the intersection of the market demand and supply curves, then:​

• A) ​excess demand exists.
• B) ​excess supply exists.
• C) ​ price will rise.
• D) ​ price will fall.
• E) ​the market is in equilibrium.

---

Definitions:

Hormones

Biological compounds produced by various body glands that regulate and control bodily functions.

HPA Axis

HPA Axis, or the Hypothalamic-Pituitary-Adrenal Axis, is a complex set of interactions among these glands, regulating stress response, mood, digestion, immune system, sexuality, and energy usage.

Hypothalamus

A region of the brain that regulates many bodily functions, including hunger, thirst, and emotional responses.

Brain Structure

The physical anatomy and organization of the brain, including its various parts and the connections between them.