Figure 314 Alt Text for Figure 3

question 9

Multiple Choice

Figure 3.14 Alt text for Figure 3.14: In figure 3.14, a graph plotting intersecting demand and supply curves represents the change in equilibrium point in the apple market with the decrease in the price of a substitute fruit, orange and the increase in the wages of apple workers.
Long description for Figure 3.14: The x-axis is labelled, Quantity and the y-axis is labelled, Price.Curve D1 is a straight line which slopes down from the top left corner to the bottom right corner.Curve D2 is parallel with curve D1, but is plotted to the left.Curve S1 is a straight line which slopes up from the bottom right corner to the top left corner.Curve S2 is parallel to curve S1, but is plotted to the left.The 4 curves intersect at 4 points; A, B, on the right side of the lines, and C and D, on the left sides of the lines.
-Refer to Figure 3.14.The graph in this figure illustrates an initial competitive equilibrium in the market for apples at the intersection of D₁ and S₁ (point

• A)The equilibrium point will move from A to B.
• B)The equilibrium point will move from A to C.
• C)There will be no change in the equilibrium point.
• D)The equilibrium point will move from A to E.

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Definitions:

Gestalt Psychologists

Psychologists who focus on how people interpret the world and believe that the whole is greater than the sum of its parts.

Form Perception

The cognitive process of recognizing and understanding the shapes and structures of objects in one's environment.

Color Vision

The ability of the eye to distinguish objects based on the wavelengths of the light they reflect, emit, or transmit.

Lens

A transparent structure in the eye that focuses light on the retina to create clear images.