Figure 312 Alt Text for Figure 3

question 163

Multiple Choice

Figure 3.12 Alt text for Figure 3.12: In figure 3.23, a graph plotting intersecting supply and demand curves represents the market for coffee grinders.
Long description for Figure 3.12: The x-axis is labelled, Quantity, with the values 0, 10, 20, 50, 75, and 100 marked.The y-axis is labelled, Price, with the values 0, 15, 25, and 50 dollars marked.Curve D is a straight line which slopes down from the top left corner to the bottom right corner.Curve S is a straight line which begins in the bottom left corner and slopes up to the top right corner.The equilibrium of the 2 curves is (50,25) .The point plotted on curve S to the left of equilibrium is (20,15) .The point plotted on curve D to the right of point of equilibrium is (75,15) .The point plotted to the right of equilibrium on curve S is (100,50) .The point plotted to the right of the equilibrium on curve D is (10,50) .
-Refer to Figure 3.12.The figure above represents the market for coffee grinders.Compare the conditions in the market when the price is $15 and when the price is $21.Which of the following describes how the market differs at these prices?

• A)At each price there is a shortage; the shortage is greater at $15 than at $21.
• B)The difference between quantity supplied and quantity demanded is greater at $21 than at $15.
• C)At each price there is a shortage; firms will raise the equilibrium price in order to eliminate the shortage.
• D)At each price the demand for coffee grinders exceeds the supply of coffee grinders.

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The tendency of a biological system to maintain internal stability and equilibrium despite changes in the external environment.

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Refer to the physiological functions of body systems, including motor, sensory, and cognitive functions.

Secondary Drive

A learned drive that is not directly related to biological needs but rather emerges through the association with primary drives or needs.