Consider Two Demand Curves and the Same Price Change for Both.If

question 18

Multiple Choice

Consider two demand curves and the same price change for both.If the resulting percentage change in quantity demanded is greater for one (D1) than the other (D2) ,we can conclude

• A)that D1 is elastic and D2 is inelastic.
• B)that D1 is inelastic and D2 is elastic.
• C)that D2 is more elastic than D1.
• D)that D1 is more elastic than D2.
• E)nothing about their relative elasticities.

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Definitions:

Collecting Duct

Part of the nephron in the kidney that is responsible for the concentration of urine and the reabsorption of water into the bloodstream.

Malpighian Tubules

Excretory structures found in some insects that remove waste products from the body and maintain osmotic balance.

Urinary System

The body system in vertebrates that consists of the kidneys, urinary bladder, and associated ducts.

Ureter

A tube that carries urine from the kidneys to the bladder.