A Unit Elastic Demand

question 9

Multiple Choice

A unit elastic demand

• A)means that the magnitude of the ratio of a change in quantity demanded to a change in price is equal to 1.
• B)means that the magnitude of the ratio of a percentage change in quantity demanded to a percentage change in price is equal to 1.
• C)means that the magnitude of the ratio of a change in price to a change in quantity demanded is equal to 1.
• D)is illustrated by a horizontal demand curve.
• E)is illustrated by a vertical demand curve.

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Definitions:

NMR Data

pertains to information derived from Nuclear Magnetic Resonance spectroscopy, revealing details about molecular structure, dynamics, and environment.

Triplet

A term used in quantum mechanics and spectroscopy that describes a state of a system (such as an electron) with a spin quantum number of 1, indicating three possible orientations.

Doublet

A splitting pattern in spectral analysis (NMR) showing two peaks of equal intensity, indicating the presence of two magnetic nuclei split by coupling.

NMR Data

Information obtained from nuclear magnetic resonance spectroscopy, used to determine the structure of molecules by analyzing the interaction of atomic nuclei with magnetic fields.