If We Observe a Decrease in the Price of a Good

question 59

Multiple Choice

If we observe a decrease in the price of a good and an increase in the amount of the good bought and sold, this could be explained by a(n) :

• A) increase in the supply of the good.
• B) increase in the demand for the good.
• C) decrease in the demand for the good.
• D) decrease in the supply of the good.

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Definitions:

Gene Frequency

The ratio of a particular allele to the total of all other alleles of the same gene in a given population.

Convergent Evolution

The process where organisms not closely related independently evolve similar traits as a result of having to adapt to similar environments or ecological niches.

Predator Mobbing

A behavior exhibited by some prey species wherein individuals collectively harass or confront a predator, often to protect offspring or to drive the predator away from the area.

Phylogeny

The study and description of the evolutionary history and relationships among species or groups of organisms.