Exhibit 4-4 Refer to Exhibit 4-4. Which of the Following Is False

question 117

Multiple Choice

Exhibit 4-4
Refer to Exhibit 4-4. Which of the following is false ?

• A)Graph (1): There would be a shortage of the good if a price floor is set at P₃.
• B)Graph (2): As supply increases, equilibrium quantity remains constant.
• C)Graph (3): As demand increases, equilibrium price remains constant.
• D)Graph (4): As supply changes, equilibrium price stays the same.

---

Definitions:

Chromosome

A structure of nucleic acids and protein in the cell, carrying genetic information in the form of genes.

Crossing Over

The exchange of genetic material between homologous chromosomes during meiosis, leading to genetic diversity in gametes.

Independent Assortment

Alleles of unlinked genes segregate independently of each other during meiosis so that the gametes can contain all possible combinations of alleles.

Meiosis

A type of cell division that reduces the genetic material by half, resulting in four genetically distinct daughter cells, crucial for sexual reproduction.