The Demand Curve Is P = 700 - 10QD

question 66

Multiple Choice

The demand curve is P = 700 - 10QD. The supply curve is P = 400 + 5QS. At market equilibrium, the equilibrium quantity is ________ and the equilibrium price is ________.

• A)20; 500
• B)5; 0.05
• C)0.05; 5
• D)500; 20
• E)300; 15

---

Definitions:

Aleurone Cells

Specialized cells found in the outer layer of seeds, particularly in cereal grains, that play a role in nutrient storage and mobilization during germination.

α-Amylase

An enzyme that breaks down starches into sugars, playing a critical role in the digestion of carbohydrates.

Gibberellin

A plant hormone involved in many aspects of plant growth and development, such as stem elongation, flowering, and seed germination

Stem Elongation

A phase of plant growth where the stem or shoot rapidly increases in length due to cell division and elongation.