Figure 3-8 -Refer to Figure 3-8.The Graph in This Figure Illustrates an Figure

question 232

Multiple Choice

Figure 3-8
-Refer to Figure 3-8.The graph in this figure illustrates an initial competitive equilibrium in the market for sugar at the intersection of D₁ and S₂ (point B) If there is a decrease in the price of fertiliser used on sugar cane and there is a decrease in tastes for sugar-sweetened soft drinks, how will the equilibrium point change?

• A) The equilibrium point will move from B to A.
• B) The equilibrium point will move from B to C.
• C) There will be no change in the equilibrium point.
• D) The equilibrium point will move from B to E.

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Definitions:

Barbiturates

A class of drugs that act as central nervous system depressants, often used for their sedative, hypnotic, and anticonvulsant properties.

Cocaine

A powerful stimulant drug derived from the leaves of the coca plant, often used illegally for its euphoric effects.

Stimulant

A stimulant is a substance that increases physiological or nervous activity in the body, often used to enhance alertness, attention, and energy.

Opiate

A subset of opioids, derived from the opium poppy, used primarily for pain relief but also associated with addiction and dependence.