If the Price of Orchids Falls, the Substitution Effect Due

question 74

Multiple Choice

If the price of orchids falls, the substitution effect due to the price change will cause

• A) an increase in the demand for orchids.
• B) an increase in the demand for roses, a substitute for orchids.
• C) an increase in the quantity demanded of orchids.
• D) an increase in the quantity supplied of orchids.

---

Definitions:

Production of Sperm

The biological process by which male gametes or spermatozoa are created, typically within the testes in mammals.

Production of Semen

The production of semen is a physiological process involving the male reproductive system, in which spermatozoa are mixed with fluids from the seminal vesicles, prostate, and other glands to form semen.

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues and secondary sexual characteristics.

Pubertal Hormones

Hormones that are involved in the physical and sexual development that occurs during puberty.