If the Price Elasticity of Supply Is 1

question 79

Multiple Choice

If the price elasticity of supply is 1.2,and a price increase led to a 5% increase in quantity supplied,then the price increase is about

• A)0.24%.
• B)4.2%.
• C)6%.
• D)6.2%.

Learn about the concept of emotional intelligence and its importance in personal and professional contexts.

Acknowledge cultural and gender differences in emotional expressions and experiences.

Explore the effects of emotions on interpersonal relationships and attraction.

Recognize the impact of positive emotions on creativity, flexibility, and overall problem-solving capabilities.

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Definitions:

Endo-

A prefix meaning within or inside, often used in medical and scientific terms.

Peri-

A prefix meaning around or surrounding, often used in medical terms to describe areas surrounding a structure or organ.

Audi/o

A prefix meaning related to hearing or sound.

Organ of Corti

A structure located in the cochlea of the inner ear, responsible for converting sound vibrations into nerve impulses.