How Many Kiloliters (KL) Are There in 1 Microliter (μL)

question 13

Multiple Choice

How many kiloliters (kL) are there in 1 microliter (μL) ?

• A) 1 × 10^-6
• B) 1 × 10^-9
• C) 1 × 10⁹
• D) 1 × 10⁶

---

Definitions:

Price Elasticity

An indicator of the degree to which consumers' demand for a product is affected by fluctuations in its price, showing how sensitive buyers are to changes in cost.

Perfectly Elastic Demand

A market situation in which demand for a product is infinitely sensitive to changes in price.

Inelastic Demand

A situation where the demand for a product or service does not significantly change in response to price alterations.

Elasticity Value

A measure in economics indicating how the quantity demanded or supplied of a good responds to changes in price or income.