Assume That Supply Decreases Slightly and Demand Decreases Greatly

question 319

Multiple Choice

Assume that supply decreases slightly and demand decreases greatly. Which of the following will happen?

• A) Equilibrium price will fall and equilibrium quantity will rise.
• B) Equilibrium price will rise and equilibrium quantity will fall.
• C) Equilibrium price will rise and equilibrium quantity will rise.
• D) Equilibrium price will fall and equilibrium quantity will fall.
• E) Neither equilibrium price nor equilibrium quantity will change.

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Definitions:

Pathogen-Associated Molecular Patterns

Molecular structures on the surface of pathogens that are recognized by the immune system.

Phagocytes

Cells that protect the body by ingesting harmful foreign particles, bacteria, and dead or dying cells.

Peptidoglycan

A compound made up of amino acids and sugars that creates a mesh-like coating outside the plasma membrane in the majority of bacteria, offering shape and structural support.

Lysozyme

An enzyme found in many tissues and in tears and other body fluids; attacks the cell wall of many gram-positive bacteria.