Figure 9-2 -Refer to Figure 9-2.What Happens to the Demand and Supply

question 102

Multiple Choice

Figure 9-2

-Refer to Figure 9-2.What happens to the demand and supply of the Canadian market of pencil sharpeners at the world price

• A)The domestic quantity demanded is greater than the domestic quantity supplied.
• B)The pencil sharpener market is in equilibrium.
• C)The demand curve is perfectly inelastic.
• D)Both domestic producers and domestic consumers will be better off.

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Definitions:

Glycolysis

The process of breaking down glucose into pyruvate, yielding energy in the form of ATP, within cells under anaerobic or aerobic conditions.

Chemiosmosis

The movement of ions across a semipermeable membrane, down their concentration gradient, which is used to generate ATP in cells.

Membrane

A selective barrier that encloses the cell or organelles within a cell, controlling the movement of substances in and out.

Mitochondria

Organelles responsible for generating most of the cell's supply of adenosine triphosphate (ATP), playing a key role in energy metabolism.