If the Price of Beef Increased by 20 Per Cent

question 11

Multiple Choice

If the price of beef increased by 20 per cent and the quantity supplied increased by 10 per cent, then the supply of beef is

• A) perfectly inelastic.
• B) elastic.
• C) perfectly elastic.
• D) unit elastic.
• E) inelastic.

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Definitions:

Trophic Level

Feeding level of one or more populations in a food web.

Detritivores

Organisms that feed on dead organic material, particularly plant detritus, playing a crucial role in nutrient recycling.

Omnivores

Organisms that consume both plant and animal matter as part of their diet.

Carnivores

Animals that feed on other animals.