Glycolysis is the metabolism of glucose into pyruvate and ATP. It occurs in all organisms and its steps are independent of molecular oxygen.
Therefore, all of the statements apply except "happens only in animal cells"
In an energy absorbing reaction, the energy of the products is greater than the energy of the reactants. In an energy releasing reaction, the energy of the reactants is greater than the energy of the products.
Answer:
- At equilibrium, the quantity of a commodity demanded is the same as the quantity of that commodity supplied. i.e. QD = QS. The price at which QD = QS is the equilibrium price.
- When there is a shortage, the quantity of goods demanded would be greater than quantity supplied, as the price falls below the equilibrium price. i.e. QD>QS
- When there is surplus, the quantity of goods demanded is less than the quantity supplied, as price increases above the equilibrium price. i.e. QD<QS.
For example, in the table showing the demand and supply schedule for T shirt at different prices (see file attached), the equilibrium price for a unit of T shirt is $3, at equilibrium, QD = QS (i.e. 30 = 30).
A shortage is recorded when the price of T shirt falls below equilibrium price of $3 as shortage of T shirt is recorded, i.e. @ $2, QD>QS (40>20). A shortage of 20 is recorded.
Surplus occurs as price increases above equilibrium price of which QD<QD, i.e. @ $4, a surplus of 20 is recorded.
Radiation is responsible for the greatest loss of energy.