The Following Graph Shows the Supply of and Demand for Baseballs

question 130

Multiple Choice

The following graph shows the supply of and demand for baseballs in the United States. If the world price of a baseball is $3, then the quantity of baseballs demanded is _____.

• A) 4,000
• B) 6,000
• C) 8,000
• D) 10,000
• E) 12,000

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Definitions:

Life-Threatening Hobbies

Activities that involve a high risk of harm or death, often pursued for the thrill or excitement they provide.

Arousal

Arousal is a physiological and psychological state of being awake and reactive to stimuli, involving activation of the autonomic nervous system and endocrine system.

Drive-Reduction

A theory in psychology that explains motivation as being based on the goal of reducing needs created by physiological drives or states.

Homeostatic

Pertaining to homeostasis, the regulation of internal conditions within an organism to maintain stable, constant conditions for survival.