If Consumers Switch Away from Eating Margarine at the Same

question 210

Multiple Choice

If consumers switch away from eating margarine at the same time that the number of margarine suppliers increases, then:

• A) these two effects cancel each other out and there is no change in the margarine market equilibrium.
• B) the demand curve shifts left and the supply curve shifts right.
• C) there is a margarine price increase.
• D) there is an excess demand for margarine.
• E) the equilibrium quantity of margarine must increase.

---

Definitions:

Chordates

Animals that at some stage of development have a notochord, a dorsal nerve cord, pharyngeal slits, an endostyle, and a post-anal tail, comprising all vertebrates and several closely related invertebrates.

Exoskeleton

A rigid external covering for the body in some invertebrate animals, especially arthropods, providing both support and protection.

Echinoderm

A phylum of marine animals known for their radial symmetry and unique water vascular system, including starfish and sea urchins.

Evolutionary Relationships

The connections among different species or organisms that can be traced back to a common ancestor, explored through genetics, physical characteristics, and other biological data.