A Scientist Is Studying the Flow of Energy into and Out

question 81

Multiple Choice

A scientist is studying the flow of energy into and out of a rain forest as well as the usage of energy by the organisms that inhabit that area. This study would be at the level of a(n)

• A) population.
• B) biosphere.
• C) community.
• D) species.
• E) ecosystem.

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Definitions:

Inelastic

Describes a situation where the demand or supply for a good or service is relatively unresponsive to changes in price, meaning that price variations have little effect on the quantity demanded or supplied.

Elastic Demand

A situation where the demand for a product is sensitive to price changes, with relatively large changes in demand for small changes in price.

Revenue

The total amount of money generated by the sale of goods or services before any costs or expenses are deducted.

Unit Price Elastic

A condition where a change in the price of a good or service has a proportional change in the quantity demanded or supplied.