The Demand for a Subway Ride Is Likely _____ Price

question 79

Multiple Choice

The demand for a subway ride is likely _____ price elastic than the demand for a car because _____.

• A) less; a subway ride requires a smaller portion of one's income
• B) more; a subway ride requires a smaller portion of one's income
• C) less; consumers will take a longer time to adjust to a change in the price of a subway ride
• D) more; consumers will take a longer time to adjust to a change in the price of a subway ride

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Definitions:

Cellular Respiration

Pathway that uses an electron transfer chain to harvest energy from an organic molecule and make ATP. See aerobic respiration.

Glucose Molecules

A simple sugar that is an important energy source in living organisms and a component of many carbohydrates.

ATP Synthesis

The process by which energy is stored in the form of adenosine triphosphate (ATP) in cells, commonly occurring in the mitochondria via cellular respiration.

Electron Transfer Chain

In a cell membrane, series of enzymes and other molecules that accept and give up electrons, thus releasing the energy of the electrons in small, usable steps.