Resource X Is Necessary to the Production of Good Y

question 145

Multiple Choice

Resource X is necessary to the production of good Y.If the price of resource X rises,the _____________ curve for good Y will shift ____________ resulting in a(n) _____________ in the equilibrium price of Y and a(n) ____________ in the equilibrium quantity of Y.

• A) supply; rightward; decrease; increase.
• B) demand; leftward; decrease; decrease
• C) demand; rightward; increase; increase
• D) supply; leftward; increase; decrease
• E) supply; leftward; increase; increase

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Definitions:

ADHD

Attention Deficit Hyperactivity Disorder, a neurodevelopmental disorder characterized by patterns of inattention, hyperactivity, and impulsivity that are not appropriate for a person’s age.

Interrupts

Signals that inform a computer or device to temporarily halt its current processes to address an event or execute a higher priority task.

Forgets

The failure to retrieve a memory or information from the brain, which can occur for various reasons, including the decay of memory traces or inadequate encoding.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification and diagnostic tool used by mental health professionals.