Figure 11-1 -The Red Cross Is Virtually the Only Operator of Blood

question 181

Multiple Choice

Figure 11-1
-The Red Cross is virtually the only operator of blood banks in the United States.In Figure 11-1 are the demand and cost curves facing the Red Cross blood bank.If the Red Cross were to set price and quantity at the level that it would obtain in the long run in a competitive industry, how much blood would it sell?

• A)OA
• B)OB
• C)OD
• D)OC

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Definitions:

Instinct

An innate, typically fixed pattern of behavior in animals in response to certain stimuli.

Loud Sound

An auditory experience characterized by high volume, potentially causing discomfort or hearing damage.

Hypothalamus

A small but crucial part of the brain involved in regulating many bodily functions, including hunger, thirst, temperature, and the release of various hormones.

Thalamus

A structure in the brain located above the brainstem that acts as a relay station for sensory information, directing it to the appropriate part of the brain for processing.