Refer to the Figure Below

question 52

Multiple Choice

Refer to the figure below. If demand shifts from D1 to D2, and at the same time, supply shifts from S1 to S2, then according to the figure:

• A) the equilibrium quantity will increase and the equilibrium price will decrease.
• B) the equilibrium quantity will increase and the equilibrium price will increase.
• C) the equilibrium quantity will decrease and the equilibrium price will increase.
• D) the equilibrium quantity will decrease and the equilibrium price will decrease.

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Definitions:

Spatial Skills

The capacity to understand, reason, and remember the spatial relations among objects or space.

Dependent Variable

The variable in an experiment that is observed and measured to determine the effect of the independent variable.

Mixed Seeds

are a combination of different types of seeds, often used in agriculture or gardening to produce a variety of plants or as a food source for birds and other animals.

Genetic Differences

Variations in the genes among individuals or populations which contribute to their unique physical or behavioral characteristics.