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Scenario
Kenneth and Catherine Lohmann of the University of North Carolina explored the orientation or direction-finding abilities of loggerhead sea turtle hatchlings under varying magnetic conditions. Hatchlings were placed in a tank of water in a laboratory either in the natural magnetic field of the earth OR in a reversed magnetic field in which north and south were flipped. The researchers then measured the direction that the hatchlings swam. The experiments were carried out in the dark and at night since that is when most newly hatched turtles migrate from their sandy nests into the ocean.
-The results of the Lohmanns' experiments are most likely to be considered credible if
Elastic
Describes a situation where the quantity demanded or supplied of a good changes significantly in response to price changes.
Demand
The willingness and ability of consumers to purchase goods or services at various price levels.
Revenue
The earnings a company garners from its principal operations, often through selling products and services to its clientele.
Supply
The total amount of a particular good or service that is available to consumers at a given price level in a given time period.
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