If Equilibrium Is Present in a Market

question 168

Multiple Choice

If equilibrium is present in a market,

• A) there is generally either a shortage or a surplus.
• B) quantity demanded equals quantity supplied.
• C) quantity demanded exceeds quantity supplied.
• D) quantity supplied exceeds quantity demanded.

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Definitions:

Transposons

DNA sequences that can change their position within a genome, sometimes causing or reversing mutations and altering the cell's genetic identity.

Transcription

The process by which the genetic information in a strand of DNA is copied into a new molecule of messenger RNA (mRNA).

mRNA

Messenger RNA, a type of RNA that is transcribed from DNA and carries instructions for synthesizing proteins to the ribosomes.

Ribosome

Ribosomes are molecular machines within cells that synthesize proteins by translating messenger RNA into polypeptide chains, essential for all cellular functions.