The Longer Any Price Change Lasts Over Time, the

question 24

Multiple Choice

The longer any price change lasts over time, the

• A) more difficult it is to alter quantity demanded.
• B) the more quickly quantity demanded will return to its original level.
• C) the longer the short-run equilibrium will continue to be the short-run equilibrium.
• D) more quantity demanded will change.

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Definitions:

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of DNA, and carrying genetic information.

Genes

Units of heredity made up of DNA, responsible for passing traits from parents to offspring and influencing characteristics and disease susceptibility.

Autosomes

Chromosomes that are not involved in determining the sex of an organism, typically making up the majority of an organism's chromosomes.

Zygote

The initial cell formed when a new organism is produced by the union of sperm and egg cells, marking the beginning of embryonic development.