Suppose an Increase in World Demand for Potash (Used in the Production

question 71

Multiple Choice

Suppose an increase in world demand for potash (used in the production of fertilizer) increases the price from $285 per tonne to $315 per tonne.Annual Canadian production increases from 15 million tonnes to 17 million tonnes.What is the elasticity of supply of Canadian potash?

• A)0.5
• B)0.8
• C)1.0
• D)1.25
• E)2.5

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Definitions:

Antisocial Socialization

The process by which individuals learn behaviors and attitudes that go against societal norms and values, often leading to social problems.

Eyewitness Evidence

Testimony from an individual who was present at a particular event and can describe what they observed, potentially influencing the outcome of legal proceedings.

Investigative Interviews

Structured conversations conducted to gather information and facts about specific events, often used in criminal investigations or research.

De-Individuation

The loss of self-awareness and individual accountability in groups, often leading to uncharacteristic behavior.