If, in Response to a Decrease in the Price of Grapes

question 227

Multiple Choice

If, in response to a decrease in the price of grapes, the quantity of grapes demanded increases, economists would describe this as

• A)an increase in demand.
• B)an increase in quantity demanded.
• C)a change in consumer income.
• D)an increase in consumers' taste for grapes.

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Definitions:

RC Parallel Circuit

An electrical circuit configuration consisting of resistors (R) and capacitors (C) connected in parallel, affecting current and voltage differently.

R

Symbol commonly used to denote resistance in electrical circuits, measured in ohms (Ω).

Power Factor

The ratio of the real power flowing to the load to the apparent power in the circuit, indicating how effectively electrical power is converted into useful work output.

RC Parallel Circuit

An electrical circuit composed of resistors (R) and capacitors (C) connected in parallel, affecting the total impedance seen by an alternating current (AC) source.