If Consumers Are Willing to Pay a Higher Price Than

question 50

Multiple Choice

If consumers are willing to pay a higher price than previously for each level of output,we can say that the following has occurred:

• A) a decrease in demand.
• B) an increase in demand.
• C) a decrease in supply.
• D) an increase in supply.

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Definitions:

PKU

Phenylketonuria (PKU) is a genetic disorder characterized by the inability of the body to break down the amino acid phenylalanine, leading to its accumulation and potential brain damage.

Sex Chromosome

A chromosome in the shape of a Y (male) or an X (female) that determines the sex of the child.

Klinefelter Syndrome

A chromosomal disorder found among males that is caused by an extra X sex chromosome and is characterized by infertility and mild intellectual disability.

Phenotype

The actual form, or constitution, of a person as determined by heredity and environmental factors.