What Will an Increase in the Demand for a Product

question 14

Multiple Choice

What will an increase in the demand for a product cause output to do?

• A) Decline, while the demand for the resources used to produce the product will remain constant.
• B) Increase, and the demand for the resources used to produce the product will rise.
• C) Increase, and the price of resources used to produce the product will increase if their supply is perfectly elastic.
• D) Increase, and the demand for the resources used to produce the product will fall.

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Definitions:

Thrombin

A blood plasma enzyme that initiates blood clotting by converting fibrinogen into fibrin, crucial for stopping bleeding.

Blood Grouping

The classification of human blood based on the presence or absence of inherited antigenic substances on the surface of red blood cells.

Antigens

Substances that are recognized by the immune system and elicit an immune response.

RBCs

Red Blood Cells, which carry oxygen from the lungs to the body's tissues and return carbon dioxide from the tissues back to the lungs.