An Economist Models the Market for Rice by the Following

question 9

Multiple Choice

An economist models the market for rice by the following equations. Let p represent the price per bushel (in dollars) and y represent the number of bushels produced and sold (in millions) . Use the model for supply to determine at what point is the price so low that no rice is produced.

• A) When the price of rice is $141.85 per bushel.
• B) When the price of rice is $70.93 per bushel.
• C) When the price of rice is $5.46 per bushel.
• D) When the price of rice is $12.99 per bushel.
• E) When the price of rice is $2.38 per bushel.

---

Definitions:

Chemical Synapse

A specialized junction through which neurons signal to each other and to non-neuronal cells, allowing ion or molecule movements that facilitate neurotransmission.

Presynaptic Terminal

The part of a neuron that releases neurotransmitters into the synaptic cleft to communicate with a neighboring neuron.

Postsynaptic Membrane

The term describes the part of a neuron that receives signals from another neuron at a synapse.

Synaptic Cleft

The synaptic cleft is the narrow gap between the terminal button of a neuron and the membrane of another neuron or muscle cell, through which neurotransmitters are released.