What Would Demand in the Short Run Tend to Be

question 183

Multiple Choice

What would demand in the short run tend to be if the price of basic food products were to increase significantly?

• A) inelastic
• B) elastic
• C) plastic
• D) unstable

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Definitions:

Ribosomal Subunits

The two structural components of a ribosome, which join together during protein synthesis; in eukaryotes, commonly referred to as the 40S (small) and 60S (large) subunits.

Golgi Apparatus

An organelle in eukaryotic cells responsible for modifying, sorting, and packaging proteins and lipids for secretion or use within the cell.

Ribosomes

Organelles found in all living cells that are responsible for protein synthesis, decoding the message and forming peptide bonds.

Nucleolus

Somewhat rounded, dense, well-defined nuclear body with no surrounding membrane; contains ribosomal RNA and protein. Plural: Nucleoli.