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3.1.5 quiz: supply and demand: it's the law
question 6 of 10
2 points
which of the following describes a situation in which the price of a good
would fall?
o
a. producers cannot make enough of a good when that good
becomes popular suddenly.
o
b. consumers start using more of a good because there are fewer
substitutes

Inspired by the example of that great cornellian, vladimir nabokov, some of your friends have become amateur lepidopterists (they study butterflies). often when they return from a trip with specimens of butterflies, it is very difficult for them to tell how many distinct species they've caught— to the fact that many species look very similar to one another. solution

Policies that physically separate a minority group from the dominant group.

Cindy is 18 years old. cindy's parents and her 23-year old brother rich are going away for the weekend. renee, cindy's best friend, is pressuring her to throw a huge saturday night party for all their friends since no one will be home. renee even asked rich if he could pick up a few kegs for them. rich brought back two kegs of beer, a bottle of vodka, and a few bottles of wine, which he hid in the basement. renee also spread the word around school for everyone to show up. cindy now has over $100 worth of alcohol hid in the basement, an empty house for the weekend, and several friends expected to show. what should she do?