If the Price Is Below the Equilibrium Price

question 84

Multiple Choice

If the price is below the equilibrium price,

• A)the supply curve will shift rightward.
• B)there is a shortage.
• C)the demand curve will shift leftward.
• D)there is a surplus.
• E)the supply curve will shift leftward.

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Definitions:

Acute

Describes a condition or phenomenon that is severe but of a short duration.

Dendrites

The branched extensions of neurons that receive electrical signals from other nerve cells and transmit them to the cell body.

Axons

Long nerve fibers that conduct electrical impulses away from the neuron's cell body.

Transient Exuberance

The great but temporary increase in the number of dendrites that develop in an infant’s brain during the first two years of life.