Use the Figure Below to Answer the Following Question(s)

question 12

Multiple Choice

Use the figure below to answer the following question(s) . Figure 3-8
In Figure 3-8, if the initial demand and supply for soybeans were D₁ and S₁, how would a decrease in the cost of producing soybeans affect the market for soybeans?

• A) Demand would increase to D₂, price would increase to P₂, and the quantity would increase to S.
• B) Supply would increase to S₂, price would decrease to P₀, and the quantity would increase to S.
• C) Both demand and supply would increase so the price would remain at P₁, but the quantity would increase to T.
• D) None of the above would occur.

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Definitions:

Mitochondria

Membrane-bound organelles found in the cytoplasm of almost all eukaryotic cells, essential for producing energy via the process of oxidative phosphorylation.

Active Transport

The movement of molecules across a cell membrane from a region of lower concentration to one of higher concentration, requiring energy.

Facilitated Transport

A process of passive transport, mediated by carrier proteins, that allows substances to move across cell membranes without expending energy.

Active Transport

The movement of molecules across a cell membrane from a lower to a higher concentration, requiring energy.