-Which of the Following Statements About the Market Represented by Figure

question 17

Multiple Choice

-Which of the following statements about the market represented by Figure 3-9 is correct?

• A) At a price of $50.00,there is an excess supply of 11 million units.
• B) At a price of $50.00,there is an excess demand of 11 million units.
• C) At a price of $50.00,there is an excess supply of 15 million units.
• D) At a price of $50.00,there is an excess demand of 15 million units.
• E) At a price of $50.00,there is an excess demand of 25 million units.

---

Definitions:

Aquatic Organisms

Life forms, including plants and animals, that live in water environments, from oceans to rivers and lakes.

Macroevolution

Large-scale evolutionary changes that occur over geological time, leading to the emergence of new species and the extinction of others.

Evolutionary Changes

The alterations in the genetic makeup of populations over time, leading to the diversity of organisms found on Earth.

Species

An assembly of life forms made up of alike members that can interchange genes or mate with each other.