A Miami Restaurant Has Created Atmosphere Through Its Subtle Use

question 114

Multiple Choice

A Miami restaurant has created atmosphere through its subtle use of blue and green lighting,ceiling fans over each table,and frozen drinks.If its electrical energy supplier raises its prices,the restaurant will most likely .

• A)remove its lighting,turn off its fans,and economize on its use of electricity
• B)continue its present operation because it has an elastic demand for electricity
• C)ask other Miami restaurants to create a derived demand for cheaper electricity
• D)continue its present operation because it has an inelastic demand for electricity
• E)decide to find other ways to use electricity

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Definitions:

Domestic Power

The ability or authority exercised by individuals or entities within a country to influence decision-making, govern, or control resources and institutions domestically.

Regulating Commerce

The act of controlling or directing business activities through the establishment of laws and regulations by a governing body.

Congress

The national legislative body of the United States, composed of the Senate and the House of Representatives.

Constituents

The residents or voters within a district represented by an elected official, to whom the official owes their duties.