If the Supply Curve for Peaches Slopes Upward,a Decrease in the Demand

question 26

Multiple Choice

If the supply curve for peaches slopes upward,a decrease in the demand for peaches causes the equilibrium price

• A) to rise and quantity to fall.
• B) to fall and quantity to rise.
• C) and quantity both to fall.
• D) and quantity both to rise.
• E) and quantity both to remain unchanged.

---

Definitions:

Piecework Payments

A form of compensation based on the amount of work completed rather than time spent, common in manufacturing and often incentivizing higher production rates.

Workplace

The location or environment where people are employed and work is carried out, including offices, factories, stores, etc.

Brown Lung

A lung disease caused by inhaling dust from cotton, flax, or hemp processing; also known as byssinosis, it's prevalent in textile workers.

Textile Mills

are facilities equipped with machinery for the production of yarns, fabrics, and other textile products from natural or synthetic fibers.