Using a Supply and Demand Model,show What Happens to the Equilibrium

question 150

Essay

Using a supply and demand model,show what happens to the equilibrium price and equilibrium quantity in the market for bananas if,holding all else constant,a study comes out that says eating bananas causes cardiac problems.

---

Definitions:

Stramenopiles

A diverse group of eukaryotic organisms that includes diatoms, brown algae, and water molds, characterized by the presence of straw-like hairs on their flagella at some stage in their life cycle.

Water Molds

Water molds, or Oomycetes, are a group of filamentous, fungus-like organisms living in water or damp environments, often causing diseases in plants and fish.

Flagellum

A slender, whip-like appendage that enables many protozoa, bacteria, and spermatozoa to swim.

Microvilli

Minute projections of the plasma membrane that increase the surface area of the cell; found mainly in cells concerned with absorption or secretion, such as those lining the intestine or the kidney tubules.