If the Supply and Demand Curves Cross at a Quantity

question 77

Multiple Choice

If the supply and demand curves cross at a quantity of 100, then the price necessary to get firms to sell more than that will have to be _______ equilibrium.

• A)above
• B)at
• C)below
• D)within 10% either way of

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Definitions:

Parallel Processing

The ability of the brain to simultaneously process incoming stimuli of differing quality, a cornerstone of nearly all cognitive functions.

Dual-Processing System

The concept in psychology that suggests there are two different systems in the brain for processing information: one that is fast, automatic, and nonconscious, and another that is slower, more deliberate, and conscious.

Circadian Rhythm

The natural, internal process that regulates the sleep-wake cycle and repeats on each rotation of the Earth roughly every 24 hours.

Narcolepsy

A sleep disorder characterized by uncontrollable sleep attacks. The sufferer may lapse directly into REM sleep, often at inopportune times.