If You Could Create a Vending Machine That Could Automatically

question 98

Multiple Choice

If you could create a vending machine that could automatically increase the price when it detected people were more likely to buy soft drinks,

• A)you could only make more money if you charged the same price for all the soft drinks.
• B)you would be increasing the customer's consumer surplus.
• C)you would be decreasing the customer's consumer surplus.
• D)the customer's consumer surplus would not change.

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Definitions:

Assembly

The process of putting together various parts or elements to form a complete unit or system, often used in manufacturing and production contexts.

Ribosome

A cellular structure that functions as the site of protein synthesis in the cell, translating mRNA into amino acid chains.

Polypeptide Chain

A polypeptide chain is a series of amino acids linked together by peptide bonds, and these chains fold into specific shapes to form proteins.

Completed Polypeptide Chain

A sequence of amino acids linked by peptide bonds, forming a protein molecule after translation and folding processes are completed.