The Figure Below Show the Demand and Supply Functions for a Product

question 139

Multiple Choice

The figure below show the demand and supply functions for a product. Decide which line shows the supply function and which line the demand function. ​ ​
Is there a surplus or shortage when the price is $26?
​

• A) There is a shortage.
• B) There is a surplus.

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Definitions:

Auxin

A class of plant hormones involved in various growth and behavioral processes in plant life cycles.

Stem Elongation

The process by which a plant's stem grows in length, often influenced by environmental conditions and hormonal signals.

Gravity Reception

The perception and response mechanism to gravity in organisms, helping them to maintain balance and orientation.

Root Cap

A protective structure located at the tip of a plant root, consisting of parenchyma cells that protect the growing tip in soil.