The Glass Obtained from the Float- Glass Process Without Any

question 8

Multiple Choice

The glass obtained from the float- glass process without any further treatment is called

• A)tempered glass.
• B)sheet glass.
• C)annealed glass.
• D)plate glass.
• E)heat- strengthened glass.

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Definitions:

Inelastic

Describes a situation where the demand or supply for a good or service is not significantly altered when the price changes.

Elastic

Elastic describes a situation in economics where the quantity demanded or supplied changes significantly in response to price changes.

Price Elasticity

The extent to which changes in price affect the demand for a specific good.

Completely Inelastic

A situation where the quantity demanded or supplied does not change regardless of changes in price.