The Figure Given Below Represents the Equilibrium Price and Output

question 67

Multiple Choice

The figure given below represents the equilibrium price and output in the market for restaurant meals and delivery meals. Figure 4.1
- Refer to Figure 4.1.Identify the impact on the price of Restaurant Meals and Delivery Meals following the direction of the shifts in demand in these two industries.

• A)The price of Restaurant Meals rises while the price of Delivery Meals declines.
• B)The price of both Restaurant Meals and Delivery Meals declines.
• C)The price of Restaurant Meals declines while the price of Delivery Meals rises.
• D)The price of both Restaurant Meals and Delivery Meals rises.
• E)The price of Restaurant Meals and the price of Delivery Meals add up to $10.

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Definitions:

Buffer Zones

Areas created to separate incompatible uses or to protect sensitive areas, often used for environmental protection or to reduce conflicts.

Transition Zone

A region within the Earth's mantle between the upper mantle and the lower mantle, characterized by changes in seismic velocity.

Drinking Water

Water that is safe for humans to ingest.

Contaminants

Substances that pollute or make something impure, often found in water, air, or soil, and can be harmful to human health and the environment.