A Large Increase in the Supply of HD-TV Sets Occurs

question 124

Multiple Choice

A large increase in the supply of HD-TV sets occurs simultaneously with a smaller decrease in its demand. As a result, the equilibrium price will

• A) increase and the equilibrium quantity will decrease.
• B) increase and the equilibrium quantity will increase.
• C) decrease and the equilibrium quantity will decrease.
• D) decrease and the equilibrium quantity will increase.

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Definitions:

Major Organic Product

The primary product obtained in the highest yield from an organic reaction.

Alkoxymercuration-demercuration

A two-step synthetic process used to convert alkenes to ethers, involving the addition of mercury(II) acetate followed by demercuration with sodium borohydride.

Williamson Ether Synthesis

A method for preparing ethers by reacting an alkyl halide with an alcohol using a strong base.

4-propoxytoluene

An organic compound characterized by a toluene core structure with a propoxy group attached to the para position.