Suzana Owns a Farm That Grows Mangos in a Perfectly

question 45

Multiple Choice

Suzana owns a farm that grows mangos in a perfectly competitive market. If she decides to double the quantity of mangos she sells, how would that affect the market price for mangos?

• A) The market price of mangos will decrease because demand is downward sloping.
• B) The market price of mangos will decrease because supply is upward sloping.
• C) The market price of mangos will increase because supply is upward sloping.
• D) The market price of mangos will not change because Suzana is a price taker.

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Definitions:

GABA

Gamma-Aminobutyric acid (GABA) is a neurotransmitter in the central nervous system that inhibits nerve transmission in the brain, calms neuronal activity, and is involved in reducing anxiety.

Serotonin

A neurotransmitter involved in various functions such as mood regulation, digestion, and sleep that can affect an individual's emotional state and general well-being.

Saclike Structures

Biological pouches in organisms that serve various functions such as storage, digestion, or transport of substances.

Synaptic Knob

The small, bulbous structure at the end of a neuron's axon that releases neurotransmitters to transmit signals to another neuron.