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In 2011,the Price of Peanuts Was Rising,which Lead Peanut Butter

question 26

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In 2011,the price of peanuts was rising,which lead peanut butter sellers and peanut butter buyers to expect the price of peanut butter would rise in the future.Suppose the effect on the buyers was larger than the effect on the sellers.Consequently,in the current market for peanut butter there is a ________ in the price of peanut butter and ________ in the quantity of peanut butter.


Definitions:

Carriers

Individuals who have one copy of a gene mutation for a recessive disorder, showing no symptoms but capable of passing the gene to their offspring.

Sex-Linked Abnormality

A genetic disorder that is determined by the sex chromosomes, and therefore tends to occur more frequently in one sex than the other.

Color Blindness

A condition where an individual has difficulty distinguishing between certain colors, typically resulting from a deficiency in or absence of specific types of color-detecting cells in the eye.

Genetic Counseling

Advice concerning the probabilities that a couple’s children will show genetic abnormalities.

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