Exhibit 4-10 Supply and Demand Data for Apricots -In Exhibit 4-10, Assume That the Government Initially Sets a |

question 252

Multiple Choice

Exhibit 4-10 Supply and demand data for apricots $$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Bushels demanded } \\\text { per month }\end{array} & \begin{array} { c } \text { Price per } \\\text { bushel }\end{array} & \begin{array} { c } \text { Bushels supplied } \\\text { per month }\end{array} \\\hline 50 & \$ 5 & 80 \\55 & 4 & 75 \\60 & 3 & 70 \\65 & 2 & 65 \\70 & 1 & 55 \\\hline\end{array}$$
-In Exhibit 4-10, assume that the government initially sets a price floor of $4 for apricots, and then removes the $4 price floor. What effect will this price change have?

• A) The price of apricots will rise.
• B) The quantity of apricots demanded will fall.
• C) The quantity of apricots supplied will decline.
• D) Quantity supplied will continue to exceed quantity demanded.

---

Definitions:

FSH Secretion

Refers to the release of Follicle-Stimulating Hormone by the anterior pituitary gland, which plays a key role in the regulation of growth, reproduction, and pubertal development.

LH Secretion

The release of luteinizing hormone, a key hormone in the regulation of the reproductive system.

Puberty

The developmental stage in humans and other animals during which adolescents mature sexually and become capable of reproduction.

GnRH Levels

Refers to the concentration of Gonadotropin-Releasing Hormone, a pivotal hormone in the reproductive system that stimulates the release of sex hormones.