Use the Following Information to Answer the Question

question 3

Multiple Choice

Use the following information to answer the question.

Refer to the figure. Which of the following forms a monophyletic group?

• A) A, B, C, D
• B) C and D
• C) D, E, and F
• D) E, F, and G

---

Definitions:

Elastic Portion

A range in the demand or supply curve where a small change in price leads to a large change in the quantity demanded or supplied.

Total Revenue

Total Revenue refers to the total amount of money generated by a business from the sale of its goods or services before any costs are deducted.

Price Elasticity

Measures the responsiveness of the quantity demanded of a good to a change in its price, indicating how changes in price affect consumer demand.

Demand Is Elastic

A condition where the quantity demanded of a good or service is significantly changed due to a change in its price. High elasticity indicates a sensitive reaction to price changes.