Suppose the Supply of Soy Beans Increases While the Demand

question 49

Multiple Choice

Suppose the supply of soy beans increases while the demand for soy beans decreases. This will cause:

• A) an increase in the equilibrium price, but the effect on quantity exchanged cannot be determined.
• B) a decrease in equilibrium quantity exchanged, but the effect on price cannot be determined.
• C) a decrease in equilibrium price, but the effect on quantity exchanged cannot be determined.
• D) an increase in equilibrium quantity exchanged, but the effect on price cannot be determined.

Understand the preference for simplicity over complexity in business communication.

Recognize and correct misplaced or dangling modifiers.

Appreciate the significance of unity and coherence in paragraph structure.

Understand the role of sentence structure in managing emphasis and enhancing readability.

---

Definitions:

Visual

Relating to seeing or sight, involving the use of vision.

Auditory

Relating to the sense of hearing or the system and structures involved in hearing.

Heuristic

A problem-solving approach using practical methods or various shortcuts to produce solutions that may not be perfect but are sufficient for the immediate goals.

Optimal Solution

The best possible outcome or answer to a problem, often found through specific methods or algorithms in mathematics, computer science, or operations research.