Suppose That King Kanuta from Problem 11 Demands That Each

question 15

Multiple Choice

Suppose that King Kanuta from Problem 11 demands that each of his subjects give him 4 coconuts for every coconut that they consume. The king puts all of the coconuts that he collects in a large pile and burns them. The supply of coconuts is given by S(p_s) = 100p_s, where p_s is the price received by suppliers. The demand for coconuts by the king's subjects is given by D(p_d) = 10,400 - 100p_d, where p_d is the price paid by consumers. In equilibrium, the price received by suppliers will be

• A) $20.
• B) $52.
• C) $30.
• D) $260.
• E) None of the above.

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Definitions:

Cesarean Section

A surgical procedure used to deliver a baby through incisions in the abdomen and uterus, often used when vaginal delivery would pose a risk to the mother or baby.

Precipitous Labor

Labor that progresses very quickly, often resulting in childbirth in less than three hours from the onset of contractions.

Contractions

The tightening and shortening of muscles, often referring to those of the uterus during labor.

Fetal Presentation

The position a fetus is in, in relation to the birth canal, during delivery. Common presentations include cephalic (head first), breech (feet or buttocks first), and shoulder.