As a Falling Price Eliminates a Surplus in the Jersey

question 27

Multiple Choice

As a falling price eliminates a surplus in the jersey market,

• A) the demand curve for jerseys shifts leftward, and the supply curve of jerseys shifts rightward.
• B) consumers increase the quantity of jerseys they demand.
• C) producers increase the quantity of jerseys they supply.
• D) producers decrease the quantity of jerseys they supply, and buyers decrease the quantity of jerseys they demand.
• E) the demand curve for jerseys shifts rightward, and the supply curve of jerseys shifts leftward.

---

Definitions:

Deleterious Mutations

Genetic alterations that are harmful to an organism, potentially reducing its fitness and survivability.

Mutation-Free Genotypes

Genetic compositions of organisms that do not carry mutations compared to a reference version of their genome.

Arbitrary Choice Hypothesis

Suggests that mate preferences in animals can develop without any inherent advantages to the preferred traits, leading to selection based purely on aesthetic or whimsical grounds.

Honest Indicator

A trait that gives accurate signals or information about an organism's genetic quality or fitness, often used in mating and survival strategies.