Why Is the Level of Mercury in Fish an Important

question 172

Essay

Why is the level of mercury in fish an important health and nutrition issue?

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Definitions:

Income Elasticity

A measure of how the demand for a good or service changes in response to a change in consumers' income.

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 period of time.

Normal Good

A good or service whose consumption increases when income increases and falls when income decreases, price remaining constant.

Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in the price of that good, signifying how the demand for a good can stretch or change.