A Decrease in the Demand for Eggs Due to Changes

question 135

Multiple Choice

A decrease in the demand for eggs due to changes in consumer tastes,accompanied by a decrease in the supply of eggs as a result of an outbreak of Avian flu,will result in

• A)a decrease in the equilibrium quantity of eggs and no change in the equilibrium price.
• B)a decrease in the equilibrium price of eggs and no change in the equilibrium quantity.
• C)a decrease in the equilibrium price of eggs; the equilibrium quantity may increase or decrease.
• D)a decrease in the equilibrium quantity of eggs; the equilibrium price may increase or decrease.

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Definitions:

Stress

A physical and psychological response to perceived threats or challenges, resulting in a state of strain or tension.

Conflict

A struggle or clash between opposing forces or interests, which can be interpersonal, intra-personal, or international.

Direct Coping

Involves confronting a stressful situation head-on and attempting to address or resolve the problems causing stress.

Withdrawal

The process of reducing or stopping the intake of a substance to which one has become addicted, often accompanied by unpleasant symptoms.