Consider the Market for Broccoli

question 463

Multiple Choice

Consider the market for broccoli. If the price of a pound of broccoli increases, what happens to the supply of broccoli?

• A) The supply of broccoli decreases.
• B) The supply of broccoli increases.
• C) There will be no change in the supply of broccoli, but instead there is an increase in the quantity supplied of broccoli.
• D) There will be no change in the supply of broccoli, but instead there is a decrease in the quantity supplied of broccoli.

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Definitions:

Variable

An element, feature, or factor that is liable to vary or change, used in experimental and observational research studies.

Particular Interval

A specific range within a set of data or a mathematical function, generally defined by its upper and lower bounds.

Grouped Frequency Distribution

A grouped frequency distribution organizes data into intervals or groups, showing the number of occurrences for each interval.

Number of Downloads

The total count of times a digital file, application, or piece of software has been downloaded by users.