Refer to the Information Provided in Figure 9

question 170

Multiple Choice

Refer to the information provided in Figure 9.7 below to answer the questions that follow. Figure 9.7
-Refer to Figure 9.7. Suppose demand for wheat is initially D2. If the price of rice (a substitute for wheat) falls, then demand for wheat will shift to ________. This will ________ the equilibrium price of wheat, and individual profit maximizing firms will produce ________ bushels of wheat.

• A) D3; increase; 15
• B) D1; increase; 13
• C) D3; decrease; 10
• D) D1; decrease; 0

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Definitions:

Duodenum

The first part of the small intestine immediately beyond the stomach, used for the initial processing of nutrients.

Cecum

The first part of the large intestine, into which the ileum opens.

Detoxifies

The process by which toxic substances are removed from a living organism, including the neutralization or elimination of harmful substances from the body.

Gallbladder

A small organ located under the liver which stores bile, a fluid produced by the liver to help digest fats.