More Farmers Have Recently Entered the Corn Industry

question 39

Multiple Choice

More farmers have recently entered the corn industry. In addition there has been a technological advancement in the fertilizer industry providing corn farmers with a cheaper and a more effective fertilizer. In the market for corn, the effects these changes will have on the equilibrium price and quantity are

• A) price will increase, and quantity will decrease.
• B) price will increase, and the effect on quantity is indeterminate.
• C) price will decrease, and quantity will increase.
• D) price will decrease, and the effect on quantity is indeterminate.

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Definitions:

REM Sleep

A sleep stage characterized by rapid eye movement, increased brain activity, and vivid dreams.

K-Complexes

Brain waves that occur during stage 2 of NREM sleep, characterized by a sudden increase in wave amplitude, and thought to aid in sleep-based memory consolidation and sleep quality.

Slow-Wave Sleep

A deep sleep stage characterized by slow brain waves, reduced muscle activity, and slowed physiological activity, facilitating restorative processes.

Activation-Synthesis Theory

The idea that dreams are the result of the brain’s attempts to make sense of random brain activity by combining the activity with stored memories.