If the Demand for a Product Rises and the Supply

question 156

Multiple Choice

If the demand for a product rises and the supply stays the same

• A) the market clearing price will fall and the equilibrium quantity will rise.
• B) the market clearing price will rise and the equilibrium quantity will fall.
• C) both the market clearing price and the equilibrium quantity will fall.
• D) both the market clearing price and the equilibrium quantity will rise.

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Definitions:

Sclerenchyma Tissue

A type of plant tissue characterized by thick, tough cell walls that provide structural support and protection.

Apical Meristems

Regions of rapidly dividing cells at the tips of roots and shoots, where most plant growth occurs.

Vascular Cambium

A layer of growth tissue in plants that produces new phloem and xylem cells, contributing to stem and root thickness.

Sclerenchyma Tissue

A type of plant tissue composed of thick-walled cells that provide structural support, commonly found in regions of the plant that are no longer elongating.