The Sand Dunes Shown in This Photograph

question 3

Multiple Choice

The sand dunes shown in this photograph:

• A) are isolated and have well-defined crescent shapes
• B) formed in a wet climate based on their shape
• C) are part of a complex dune field
• D) are loess deposits
• E) are inactive because they have been eroded by running water

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Definitions:

Cross Elasticity

A measure of how the demand for one good responds to a change in the price of another good.

Normal Good

A good for which demand increases as the income of consumers increases, and falls when consumer income decreases.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a specified time period.

Income Elasticity

A measure that quantifies the responsiveness of the demand for a good or service to a change in income of the people demanding the good.