In the Market for Oranges, the Demand and Supply of Oranges

question 150

Multiple Choice

In the market for oranges, the demand and supply of oranges decrease by the same amount. The equilibrium quantity will ________ and the equilibrium price will ________.

• A) decrease; not change
• B) decrease; fall
• C) remain the same; either rise or fall
• D) remain the same; rise

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Definitions:

Place Theory

A theory in hearing that suggests that our perception of sound depends on where each component frequency produces vibrations along the basilar membrane of the inner ear.

Helmholtz

Refers to Hermann von Helmholtz, a 19th-century German scientist known for his contributions to the study of vision, hearing, and the conservation of energy.

Place Theory

A theory in hearing that proposes different areas of the cochlea are activated by different frequencies of sounds, contributing to the perception of pitch.

Oval Window

A membrane-covered opening that leads from the middle ear to the vestibule of the inner ear and is involved in the process of hearing.