Rising Prices for a Service

question 70

Multiple Choice

Rising prices for a service

• A) create incentives for consumers to buy more, switching from more expensive substitutes.
• B) eliminate surpluses.
• C) create incentives for businesses to produce less.
• D) decrease quantity demanded of the service.
• E) do all of the above.

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Definitions:

Sensory Neurons

Neurons that transmit signals from sensory receptors towards the central nervous system, carrying information about external or internal conditions.

Gamma Motor Neurons

Neurons that control the contraction of intrafusal muscle fibers in muscle spindles, helping to regulate muscle tone and sensitivity of stretch reflexes.

Muscle Spindle

A sensory receptor located within muscles that detects changes in muscle length, contributing to the sense of body position.

Action Potentials

Rapid and temporary changes in the electrical membrane potential of a cell, allowing for the transmission of nerve impulses along neurons.