Suppose Land Suitable for Wheat Production Is Highly Inelastic

question 3

Multiple Choice

Suppose land suitable for wheat production is highly inelastic. An increase in the demand for wheat bread will most likely

• A) cause the prices of bread and wheat to increase but not affect the incomes paid to owners of wheat-growing land.
• B) shift the demand curve for bread to the right and the supply curve for wheat to the left.
• C) raise the price of land suitable for wheat production.
• D) depress the incomes of owners of wheat growing land.

---

Definitions:

Interpersonal Psychodynamic Therapy

A form of psychotherapy that focuses on understanding and resolving internal conflicts and relational issues through the exploration of the patient's interpersonal interactions and emotional states.

Ego Analysis

A psychoanalytic technique focusing on the functions of the ego in dealing with reality, defense mechanisms, and personal identity.

Aversion Therapy

A psychological treatment method that involves pairing a harmful stimulus with an undesirable behavior to reduce the behavior.

Time Limited Dynamic Psychotherapy

A form of psychotherapy that focuses on individual psychological processes and stresses the importance of interpersonal relationships, with therapy occurring within a set timeframe.