The Following Question Are Based on the Following Graph

question 22

Multiple Choice

The following question are based on the following graph:

The curves D and S represent the market demand and supply curves for wheat in 1960. The curves D₁ and S₁ represent the market demand and supply curves in 2000. Assume there were no support programs in either year.
-In the graph

• A) demand rose and supply fell.
• B) demand fell and supply rose.
• C) both demand and supply fell.
• D) both demand and supply rose.
• E) demand and supply remained unchanged, but the quantity demanded rose and the quantity supplied fell.

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Definitions:

Sodium Chloride

A chemical compound known as table salt, composed of sodium and chlorine atoms, essential for human health but required in moderation.

Molecule

The smallest unit of a chemical compound that can exist, consisting of two or more atoms bonded together.

Compound

A substance formed by the chemical combination of two or more elements in fixed proportions.

Chemical Bonds

The attractive forces that hold atoms together in molecules or crystals, forming as a result of sharing or transferring electrons between atoms.