If Demand Is Elastic Rather Than Inelastic, Sellers Typically Consider

question 99

True/False

If demand is elastic rather than inelastic, sellers typically consider increasing their prices.

---

Definitions:

Glycolysis

Glycolysis is a metabolic pathway that breaks down glucose into pyruvate, generating small amounts of energy in the form of ATP.

Lactate Accumulation

The build-up of lactate in muscles during strenuous exercise when oxygen levels are low, often leading to fatigue.

Pyruvate

A key intermediate in several metabolic pathways throughout the cell.

Heavier Breathing

Increased respiratory effort, often a response to exercise, stress, or health conditions affecting breathing.