Which of the Following Scenarios Best Describes the Change in the Equilibrium

question 63

Multiple Choice

Which of the following scenarios best describes the change in the equilibrium shown in the accompanying graph?

• A) firms entering the market
• B) firms leaving the market
• C) buyers entering the market
• D) buyers leaving the market
• E) an input cost decreasing

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Definitions:

Brood Parasitism

A reproductive strategy where one species lays its eggs in the nest of another species, leaving the host to incubate and rear the parasitic offspring.

Mate Guarding Hypothesis

A theory explaining certain behaviors intended to prevent sexual access to one’s mate by competitors, ensuring paternity certainty.

Monogamy

A mating system in which an individual has only one mate during a breeding season or for a lifetime.

Kirk's Dik-dik

A small antelope species native to Eastern and Southern Africa, known for its distinctive snout and monogamous pair bonds.