Select the Phrase That Correctly Completes the Following Statement

question 6

Multiple Choice

Select the phrase that correctly completes the following statement."A decrease in the expected future price caused an increase in the supply of smartphones.As a result

• A)the price of smartphones decreased and the demand for smartphones increased."
• B)the equilibrium quantity of smartphones decreased."
• C)the price of smartphones decreased and the quantity of smartphones demanded increased."
• D)the price of smartphones decreased.The lower price caused the supply of smartphones to decrease."

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Definitions:

Medusa

A free-swimming or floating stage in the life cycle of some cnidarians, typically having a bell-shaped body and tentacles.

Gastrovascular Cavity

A central digestive cavity with a single opening that functions as both mouth and anus; characteristic of cnidarians and flatworms.

Cnidarians

A diverse group of aquatic animals that includes corals, jellyfish, sea anemones, and hydras, characterized by their radial symmetry and cnidocytes, special cells used for capturing prey.

Ectoderm

The outermost layer of cells in the embryo of a multicellular organism, from which the nervous system, skin, and various sensory organs develop.