When the Demand for Good a Increases

question 79

Multiple Choice

When the demand for good A increases,

• A)the equilibrium price and equilibrium quantity will increase.
• B)the equilibrium price will rise,but the equilibrium quantity will decrease.
• C)the equilibrium price and equilibrium quantity will decrease.
• D)the equilibrium price will decrease,but the equilibrium quantity will increase.
• E)a surplus will result.

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Definitions:

Zeatin

A type of cytokinin, which is a plant hormone that promotes cell division, growth, and leaf expansion.

Day-Neutral

Plants that flower regardless of the length of the day, not specifically triggered by long or short day lengths.

Long-Day

Pertains to plants that require a longer period of daylight exposure to flower or complete specific stages of growth.

Short-Day

Refers to plants that require long nights and shorter periods of daylight to flower or complete their life cycle.