Use the accompanying graph to answer the following questions.
a. What is the equilibrium price and equilibrium quantity in this market?
b. Draw an increase in demand and explain what happens to the equilibrium price and equilibrium quantity.
c. This is a special type of supply curve that we call an inelastic supply curve. What special property does it have?
Definitions:
Clonal Selection Theory
A theory in immunology that explains how the immune system responds to specific antigens by activating the clone of cells that can recognize and attack the invader.
Antigen
Foreign substance, usually a protein or a polysaccharide, that stimulates the immune system to react, such as to produce antibodies.
T Cells
A type of white blood cell that plays a critical role in the immune system, especially in the adaptive immune response, by identifying and killing infected cells or orchestrating the immune response.
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