Suppose a Combination of Population Growth and Rising Incomes Increases

question 251

Multiple Choice

Suppose a combination of population growth and rising incomes increases both the demand for and the price of housing. In response, existing builders and new entrants construct more new housing. As timber use outstrips the ability of forests to regrow, the price of timber rises. Consequently, the price of new housing rises. This scenario describes a(n)

• A) declining industry.
• B) increasing cost industry.
• C) industry in the trough.
• D) increasing profitability industry.

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Definitions:

Animal Cell Division

The process by which a single animal cell splits into two or more daughter cells, typically through mitosis or meiosis.

Centrioles

Cylindrical structures found in most eukaryotic cells, involved in cell division.

Cell Membrane

A biological membrane that separates the interior of all cells from the outside environment, providing structure for the cell and regulating the movement of substances in and out.

Cytoplasm

The jelly-like substance within a cell that surrounds the nucleus, containing enzymes and organelles essential for cellular functions.