In the Specific Factors Model,a 5% Increase in the Price

question 10

Multiple Choice

In the specific factors model,a 5% increase in the price of food accompanied by a 1% increase in the price of cloth will cause ________ in the welfare of labor,________ in the welfare of the fixed factor in the production of food,and ________ in the welfare of the fixed factor in the production of cloth.

• A) an ambiguous change; an increase; a decrease
• B) an ambiguous change; a decrease; an increase
• C) an ambiguous change; an ambiguous change; an ambiguous change
• D) a decrease; an ambiguous change; an ambiguous change
• E) an increase; a decrease; an increase

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Definitions:

Scala Media

The scala media is the middle chamber of the cochlea in the inner ear, filled with endolymph fluid and playing a crucial role in the process of hearing.

Vestibular Duct

A part of the inner ear that is involved in hearing and balance, also known as the scala vestibuli in the cochlea.

Utricle

A sac-like structure in the vestibular system of the inner ear that plays a key role in detecting changes in gravitational forces and linear movements.

Cupula

A gelatinous, dome-shaped structure within the inner ear that responds to changes in rotational acceleration, aiding in balance.