If a Shortage Exists in a Market, the Natural Tendency

question 19

Multiple Choice

If a shortage exists in a market, the natural tendency is for:

• A) demand to increase.
• B) price to increase.
• C) quantity supplied to decrease.
• D) no change in the market.

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Definitions:

Glycolysis

A metabolic pathway in the cytoplasm of cells that breaks down glucose into pyruvate, generating energy.

Pyruvate

A key intermediate in several metabolic pathways, it plays a crucial role in energy production in cells.

ATP

Adenosine triphosphate, a molecule that carries energy within cells for metabolism.

NADH

Nicotinamide adenine dinucleotide (reduced form), a coenzyme found in all living cells that plays a critical role in energy production through oxidation-reduction reactions.